Sinotrans Balance Sheet Health
Financial Health criteria checks 5/6
Sinotrans has a total shareholder equity of CN¥41.0B and total debt of CN¥10.9B, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CN¥79.6B and CN¥38.5B respectively. Sinotrans's EBIT is CN¥2.6B making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥10.9B.
Key information
26.5%
Debt to equity ratio
CN¥10.87b
Debt
Interest coverage ratio | -1.2x |
Cash | CN¥10.85b |
Equity | CN¥41.03b |
Total liabilities | CN¥38.53b |
Total assets | CN¥79.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601598's short term assets (CN¥38.0B) exceed its short term liabilities (CN¥30.6B).
Long Term Liabilities: 601598's short term assets (CN¥38.0B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 601598's net debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: 601598's debt to equity ratio has reduced from 49.3% to 26.5% over the past 5 years.
Debt Coverage: 601598's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 601598 earns more interest than it pays, so coverage of interest payments is not a concern.