COSCO SHIPPING Technology Balance Sheet Health
Financial Health criteria checks 6/6
COSCO SHIPPING Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.8B and CN¥1.1B respectively. COSCO SHIPPING Technology's EBIT is CN¥161.2M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥1.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥1.51b |
| Equity | CN¥1.66b |
| Total liabilities | CN¥1.14b |
| Total assets | CN¥2.80b |
Recent financial health updates
No updates
Recent updates
COSCO SHIPPING Technology Co., Ltd. (SZSE:002401) Investors Are Less Pessimistic Than Expected
Jun 26
Slowing Rates Of Return At COSCO SHIPPING Technology (SZSE:002401) Leave Little Room For Excitement
May 25COSCO SHIPPING Technology (SZSE:002401) Strong Profits May Be Masking Some Underlying Issues
May 03COSCO SHIPPING Technology Co., Ltd.'s (SZSE:002401) Shares Climb 28% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 002401's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002401's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥77.6M).
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.