Jiangsu Lianyungang Port Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Lianyungang Port has a total shareholder equity of CN¥5.5B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are CN¥13.3B and CN¥7.8B respectively. Jiangsu Lianyungang Port's EBIT is CN¥428.4M making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥2.5B.
Key information
60.6%
Debt to equity ratio
CN¥3.34b
Debt
| Interest coverage ratio | 6.1x |
| Cash | CN¥2.51b |
| Equity | CN¥5.51b |
| Total liabilities | CN¥7.81b |
| Total assets | CN¥13.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601008's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥5.6B).
Long Term Liabilities: 601008's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 601008's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: 601008's debt to equity ratio has reduced from 85.5% to 60.6% over the past 5 years.
Debt Coverage: 601008's debt is well covered by operating cash flow (52.8%).
Interest Coverage: 601008's interest payments on its debt are well covered by EBIT (6.1x coverage).