Eastern Air Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Eastern Air Logistics has a total shareholder equity of CN¥17.6B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are CN¥28.2B and CN¥10.6B respectively. Eastern Air Logistics's EBIT is CN¥3.4B making its interest coverage ratio 15.6. It has cash and short-term investments of CN¥8.8B.
Key information
11.6%
Debt to equity ratio
CN¥2.04b
Debt
| Interest coverage ratio | 15.6x |
| Cash | CN¥8.85b |
| Equity | CN¥17.65b |
| Total liabilities | CN¥10.57b |
| Total assets | CN¥28.22b |
Recent financial health updates
No updates
Recent updates
We Think You Can Look Beyond Eastern Air Logistics' (SHSE:601156) Lackluster Earnings
May 06
Eastern 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¥11.6B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 601156's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥6.0B).
Debt to Equity History and Analysis
Debt Level: 601156 has more cash than its total debt.
Reducing Debt: 601156 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 601156's debt is well covered by operating cash flow (186.3%).
Interest Coverage: 601156's interest payments on its debt are well covered by EBIT (15.6x coverage).