Shanghai Jinjiang Shipping (Group) Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Jinjiang Shipping (Group) has a total shareholder equity of CN¥8.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥9.9B and CN¥1.6B respectively. Shanghai Jinjiang Shipping (Group)'s EBIT is CN¥674.5M making its interest coverage ratio -15.1. It has cash and short-term investments of CN¥5.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.1x |
| Cash | CN¥5.76b |
| Equity | CN¥8.27b |
| Total liabilities | CN¥1.64b |
| Total assets | CN¥9.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601083's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 601083's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥381.0M).
Debt to Equity History and Analysis
Debt Level: 601083 is debt free.
Reducing Debt: 601083 has not had any debt for past 5 years.
Debt Coverage: 601083 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601083 has no debt, therefore coverage of interest payments is not a concern.