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¥191.3M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are CN¥3.2B and CN¥984.8M respectively. Shanghai Kaichuang Marine International's EBIT is CN¥136.4M making its interest coverage ratio 12. It has cash and short-term investments of CN¥495.2M.
Key information
8.6%
Debt to equity ratio
CN¥191.34m
Debt
| Interest coverage ratio | 12x |
| Cash | CN¥495.18m |
| Equity | CN¥2.22b |
| Total liabilities | CN¥984.78m |
| Total assets | CN¥3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600097's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥470.6M).
Long Term Liabilities: 600097's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥514.2M).
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 21.1% to 8.6% over the past 5 years.
Debt Coverage: 600097's debt is well covered by operating cash flow (194.6%).
Interest Coverage: 600097's interest payments on its debt are well covered by EBIT (12x coverage).