China Master Logistics Balance Sheet Health
Financial Health criteria checks 5/6
China Master Logistics has a total shareholder equity of CN¥2.5B and total debt of CN¥458.3M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥4.2B and CN¥1.7B respectively. China Master Logistics's EBIT is CN¥406.9M making its interest coverage ratio -30.6. It has cash and short-term investments of CN¥460.7M.
Key information
18.4%
Debt to equity ratio
CN¥458.31m
Debt
| Interest coverage ratio | -30.6x |
| Cash | CN¥460.73m |
| Equity | CN¥2.49b |
| Total liabilities | CN¥1.73b |
| Total assets | CN¥4.22b |
Recent financial health updates
No updates
Recent updates
China Master Logistics (SHSE:603967) Is Experiencing Growth In Returns On Capital
Oct 16
Benign Growth For China Master Logistics Co., Ltd. (SHSE:603967) Underpins Its Share Price
Sep 27China Master Logistics Co., Ltd.'s (SHSE:603967) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Apr 02Financial Position Analysis
Short Term Liabilities: 603967's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603967's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥312.0M).
Debt to Equity History and Analysis
Debt Level: 603967 has more cash than its total debt.
Reducing Debt: 603967's debt to equity ratio has increased from 3.2% to 18.4% over the past 5 years.
Debt Coverage: 603967's debt is well covered by operating cash flow (86.3%).
Interest Coverage: 603967 earns more interest than it pays, so coverage of interest payments is not a concern.