CTS International Logistics Balance Sheet Health
Financial Health criteria checks 4/6
CTS International Logistics has a total shareholder equity of CN¥6.1B and total debt of CN¥486.5M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥9.4B and CN¥3.2B respectively. CTS International Logistics's EBIT is CN¥569.5M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥1.7B.
Key information
7.9%
Debt to equity ratio
CN¥486.46m
Debt
Interest coverage ratio | -4.5x |
Cash | CN¥1.65b |
Equity | CN¥6.12b |
Total liabilities | CN¥3.23b |
Total assets | CN¥9.35b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603128's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 603128's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥339.5M).
Debt to Equity History and Analysis
Debt Level: 603128 has more cash than its total debt.
Reducing Debt: 603128's debt to equity ratio has increased from 3.2% to 7.9% over the past 5 years.
Debt Coverage: 603128's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603128 earns more interest than it pays, so coverage of interest payments is not a concern.