Zhuhai PortLtd Balance Sheet Health
Financial Health criteria checks 2/6
Zhuhai PortLtd has a total shareholder equity of CN¥9.5B and total debt of CN¥8.2B, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are CN¥20.3B and CN¥10.7B respectively. Zhuhai PortLtd's EBIT is CN¥744.1M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥2.1B.
Key information
85.5%
Debt to equity ratio
CN¥8.16b
Debt
Interest coverage ratio | -2.8x |
Cash | CN¥2.13b |
Equity | CN¥9.54b |
Total liabilities | CN¥10.71b |
Total assets | CN¥20.25b |
Financial Position Analysis
Short Term Liabilities: 000507's short term assets (CN¥5.8B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 000507's short term assets (CN¥5.8B) do not cover its long term liabilities (CN¥5.8B).
Debt to Equity History and Analysis
Debt Level: 000507's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: 000507's debt to equity ratio has increased from 49.1% to 85.5% over the past 5 years.
Debt Coverage: 000507's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: 000507 earns more interest than it pays, so coverage of interest payments is not a concern.