Eastern Air Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Eastern Air Logistics has a total shareholder equity of CN¥19.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥29.0B and CN¥9.7B respectively. Eastern Air Logistics's EBIT is CN¥4.2B making its interest coverage ratio 23.3. It has cash and short-term investments of CN¥9.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 23.3x |
| Cash | CN¥9.26b |
| Equity | CN¥19.32b |
| Total liabilities | CN¥9.66b |
| Total assets | CN¥28.98b |
Recent financial health updates
No updates
Recent updates
Is It Too Late To Consider Buying Eastern Air Logistics Co., Ltd. (SHSE:601156)?
Oct 13
Eastern Air Logistics' (SHSE:601156) Returns On Capital Not Reflecting Well On The Business
Sep 24Eastern Air Logistics Co., Ltd.'s (SHSE:601156) Subdued P/E Might Signal An Opportunity
Sep 01Eastern Air Logistics Co., Ltd.'s (SHSE:601156) Intrinsic Value Is Potentially 71% Above Its Share Price
Jul 19Is It Time To Consider Buying Eastern Air Logistics Co., Ltd. (SHSE:601156)?
Jul 01Eastern Air Logistics Co., Ltd.'s (SHSE:601156) Price Is Right But Growth Is Lacking After Shares Rocket 25%
May 21We Think You Can Look Beyond Eastern Air Logistics' (SHSE:601156) Lackluster Earnings
May 06Eastern Air Logistics Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Apr 26Is There An Opportunity With Eastern Air Logistics Co., Ltd.'s (SHSE:601156) 34% Undervaluation?
Mar 26Financial Position Analysis
Short Term Liabilities: 601156's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 601156's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 601156 is debt free.
Reducing Debt: 601156 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: 601156 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601156 has no debt, therefore coverage of interest payments is not a concern.