Zhuhai PortLtd Balance Sheet Health
Financial Health criteria checks 2/6
Zhuhai PortLtd has a total shareholder equity of CN¥9.7B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 88.8%. Its total assets and total liabilities are CN¥20.4B and CN¥10.7B respectively. Zhuhai PortLtd's EBIT is CN¥653.2M making its interest coverage ratio 19.8. It has cash and short-term investments of CN¥2.6B.
Key information
88.8%
Debt to equity ratio
CN¥8.58b
Debt
| Interest coverage ratio | 19.8x |
| Cash | CN¥2.62b |
| Equity | CN¥9.67b |
| Total liabilities | CN¥10.71b |
| Total assets | CN¥20.38b |
Financial Position Analysis
Short Term Liabilities: 000507's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 000507's short term assets (CN¥5.9B) do not cover its long term liabilities (CN¥6.5B).
Debt to Equity History and Analysis
Debt Level: 000507's net debt to equity ratio (61.7%) is considered high.
Reducing Debt: 000507's debt to equity ratio has increased from 47% to 88.8% over the past 5 years.
Debt Coverage: 000507's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: 000507's interest payments on its debt are well covered by EBIT (19.8x coverage).