COSCO SHIPPING Energy Transportation Balance Sheet Health
Financial Health criteria checks 4/6
COSCO SHIPPING Energy Transportation has a total shareholder equity of CN¥38.8B and total debt of CN¥29.0B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CN¥75.2B and CN¥36.4B respectively. COSCO SHIPPING Energy Transportation's EBIT is CN¥5.2B making its interest coverage ratio -128.7. It has cash and short-term investments of CN¥4.3B.
Key information
74.7%
Debt to equity ratio
CN¥29.00b
Debt
| Interest coverage ratio | -128.7x |
| Cash | CN¥4.32b |
| Equity | CN¥38.82b |
| Total liabilities | CN¥36.37b |
| Total assets | CN¥75.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600026's short term assets (CN¥8.8B) exceed its short term liabilities (CN¥8.1B).
Long Term Liabilities: 600026's short term assets (CN¥8.8B) do not cover its long term liabilities (CN¥28.3B).
Debt to Equity History and Analysis
Debt Level: 600026's net debt to equity ratio (63.6%) is considered high.
Reducing Debt: 600026's debt to equity ratio has reduced from 104.4% to 74.7% over the past 5 years.
Debt Coverage: 600026's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 600026 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 06:32 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
COSCO SHIPPING Energy Transportation Co., Ltd. is covered by 59 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Sarah Liu | BNP Paribas Securities (Asia) |
| Wenlong Huang | BOCI Research Ltd. |