COSCO SHIPPING Technology Balance Sheet Health
Financial Health criteria checks 6/6
COSCO SHIPPING Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.1B and CN¥1.5B respectively. COSCO SHIPPING Technology's EBIT is CN¥155.7M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥1.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥1.76b |
| Equity | CN¥1.60b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥3.09b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002401's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002401's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥78.1M).
Debt to Equity History and Analysis
Debt Level: 002401 is debt free.
Reducing Debt: 002401 had no debt 5 years ago.
Debt Coverage: 002401 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002401 has no debt, therefore coverage of interest payments is not a concern.