Liaoning Port Balance Sheet Health
Financial Health criteria checks 5/6
Liaoning Port has a total shareholder equity of CN¥43.8B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥59.7B and CN¥15.9B respectively. Liaoning Port's EBIT is CN¥2.0B making its interest coverage ratio 15.3. It has cash and short-term investments of CN¥4.3B.
Key information
17.3%
Debt to equity ratio
CN¥7.58b
Debt
| Interest coverage ratio | 15.3x |
| Cash | CN¥4.26b |
| Equity | CN¥43.78b |
| Total liabilities | CN¥15.88b |
| Total assets | CN¥59.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601880's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 601880's short term assets (CN¥9.2B) do not cover its long term liabilities (CN¥10.0B).
Debt to Equity History and Analysis
Debt Level: 601880's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: 601880's debt to equity ratio has reduced from 38.8% to 17.3% over the past 5 years.
Debt Coverage: 601880's debt is well covered by operating cash flow (48.8%).
Interest Coverage: 601880's interest payments on its debt are well covered by EBIT (15.3x coverage).