Bohai Ferry Group Balance Sheet Health
Financial Health criteria checks 6/6
Bohai Ferry Group has a total shareholder equity of CN¥3.9B and total debt of CN¥150.4M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥4.5B and CN¥573.4M respectively. Bohai Ferry Group's EBIT is CN¥360.0M making its interest coverage ratio 2156.8. It has cash and short-term investments of CN¥137.2M.
Key information
3.9%
Debt to equity ratio
CN¥150.45m
Debt
| Interest coverage ratio | 2156.8x |
| Cash | CN¥137.24m |
| Equity | CN¥3.89b |
| Total liabilities | CN¥573.37m |
| Total assets | CN¥4.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603167's short term assets (CN¥684.6M) exceed its short term liabilities (CN¥364.8M).
Long Term Liabilities: 603167's short term assets (CN¥684.6M) exceed its long term liabilities (CN¥208.5M).
Debt to Equity History and Analysis
Debt Level: 603167's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 603167's debt to equity ratio has reduced from 40.7% to 3.9% over the past 5 years.
Debt Coverage: 603167's debt is well covered by operating cash flow (299.1%).
Interest Coverage: 603167's interest payments on its debt are well covered by EBIT (2156.8x coverage).