Shanghai Kaichuang Marine International Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Kaichuang Marine International has a total shareholder equity of CN¥2.2B and total debt of CN¥99.6M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥3.1B and CN¥931.9M respectively. Shanghai Kaichuang Marine International's EBIT is CN¥131.1M making its interest coverage ratio 10.2. It has cash and short-term investments of CN¥369.7M.
Key information
4.5%
Debt to equity ratio
CN¥99.65m
Debt
| Interest coverage ratio | 10.2x |
| Cash | CN¥369.66m |
| Equity | CN¥2.21b |
| Total liabilities | CN¥931.87m |
| Total assets | CN¥3.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600097's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥442.5M).
Long Term Liabilities: 600097's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥489.4M).
Debt to Equity History and Analysis
Debt Level: 600097 has more cash than its total debt.
Reducing Debt: 600097's debt to equity ratio has reduced from 20.3% to 4.5% over the past 5 years.
Debt Coverage: 600097's debt is well covered by operating cash flow (336%).
Interest Coverage: 600097's interest payments on its debt are well covered by EBIT (10.2x coverage).