Shanghai Shine-Link International Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Shine-Link International Logistics has a total shareholder equity of CN¥1.9B and total debt of CN¥107.2M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥2.5B and CN¥548.8M respectively. Shanghai Shine-Link International Logistics's EBIT is CN¥153.9M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥277.5M.
Key information
5.6%
Debt to equity ratio
CN¥107.21m
Debt
Interest coverage ratio | -6.5x |
Cash | CN¥277.53m |
Equity | CN¥1.90b |
Total liabilities | CN¥548.79m |
Total assets | CN¥2.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603648's short term assets (CN¥661.5M) exceed its short term liabilities (CN¥317.0M).
Long Term Liabilities: 603648's short term assets (CN¥661.5M) exceed its long term liabilities (CN¥231.7M).
Debt to Equity History and Analysis
Debt Level: 603648 has more cash than its total debt.
Reducing Debt: 603648's debt to equity ratio has increased from 0% to 5.6% over the past 5 years.
Debt Coverage: 603648's debt is well covered by operating cash flow (329.8%).
Interest Coverage: 603648 earns more interest than it pays, so coverage of interest payments is not a concern.