CTS International Logistics Balance Sheet Health
Financial Health criteria checks 4/6
CTS International Logistics has a total shareholder equity of CN¥6.0B and total debt of CN¥534.7M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥10.2B and CN¥4.2B respectively. CTS International Logistics's EBIT is CN¥629.6M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥1.7B.
Key information
8.9%
Debt to equity ratio
CN¥534.69m
Debt
| Interest coverage ratio | -5.2x |
| Cash | CN¥1.73b |
| Equity | CN¥6.00b |
| Total liabilities | CN¥4.20b |
| Total assets | CN¥10.20b |
Recent financial health updates
Does CTS International Logistics (SHSE:603128) Have A Healthy Balance Sheet?
Sep 25
Is CTS International Logistics (SHSE:603128) Using Too Much Debt?
Jun 11These 4 Measures Indicate That CTS International Logistics (SHSE:603128) Is Using Debt Reasonably Well
Feb 27Recent updates
There's No Escaping CTS International Logistics Corporation Limited's (SHSE:603128) Muted Earnings
Oct 09Does CTS International Logistics (SHSE:603128) Have A Healthy Balance Sheet?
Sep 25Are Investors Undervaluing CTS International Logistics Corporation Limited (SHSE:603128) By 31%?
Sep 11Returns On Capital At CTS International Logistics (SHSE:603128) Have Stalled
Aug 22Is CTS International Logistics (SHSE:603128) Using Too Much Debt?
Jun 11Estimating The Intrinsic Value Of CTS International Logistics Corporation Limited (SHSE:603128)
May 28Return Trends At CTS International Logistics (SHSE:603128) Aren't Appealing
May 10Why Investors Shouldn't Be Surprised By CTS International Logistics Corporation Limited's (SHSE:603128) Low P/E
Mar 14These 4 Measures Indicate That CTS International Logistics (SHSE:603128) Is Using Debt Reasonably Well
Feb 27Financial Position Analysis
Short Term Liabilities: 603128's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥3.9B).
Long Term Liabilities: 603128's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥329.0M).
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 5.3% to 8.9% 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.