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¥201.5M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥4.5B and CN¥613.4M respectively. Bohai Ferry Group's EBIT is CN¥84.5M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥115.2M.
Key information
5.1%
Debt to equity ratio
CN¥201.46m
Debt
Interest coverage ratio | -1.1x |
Cash | CN¥115.22m |
Equity | CN¥3.92b |
Total liabilities | CN¥613.38m |
Total assets | CN¥4.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603167's short term assets (CN¥518.9M) exceed its short term liabilities (CN¥406.1M).
Long Term Liabilities: 603167's short term assets (CN¥518.9M) exceed its long term liabilities (CN¥207.3M).
Debt to Equity History and Analysis
Debt Level: 603167's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 603167's debt to equity ratio has reduced from 31.6% to 5.1% over the past 5 years.
Debt Coverage: 603167's debt is well covered by operating cash flow (252.4%).
Interest Coverage: 603167 earns more interest than it pays, so coverage of interest payments is not a concern.