TangShan Port GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
TangShan Port GroupLtd has a total shareholder equity of CN¥22.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥24.2B and CN¥2.3B respectively. TangShan Port GroupLtd's EBIT is CN¥2.0B making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥4.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥4.53b |
| Equity | CN¥21.99b |
| Total liabilities | CN¥2.26b |
| Total assets | CN¥24.25b |
Recent financial health updates
No updates
Recent updates
TangShan Port Group Co.,Ltd's (SHSE:601000) Low P/E No Reason For Excitement
Aug 15
Returns On Capital At TangShan Port GroupLtd (SHSE:601000) Have Stalled
Jul 22Improved Earnings Required Before TangShan Port Group Co.,Ltd (SHSE:601000) Shares Find Their Feet
Apr 21Is There An Opportunity With TangShan Port Group Co.,Ltd's (SHSE:601000) 38% Undervaluation?
Mar 26Financial Position Analysis
Short Term Liabilities: 601000's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 601000's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥651.8M).
Debt to Equity History and Analysis
Debt Level: 601000 is debt free.
Reducing Debt: 601000 has no debt compared to 5 years ago when its debt to equity ratio was 11.1%.
Debt Coverage: 601000 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601000 has no debt, therefore coverage of interest payments is not a concern.