Phoenix Shipping (Wuhan) Balance Sheet Health
Financial Health criteria checks 3/6
Phoenix Shipping (Wuhan) has a total shareholder equity of CN¥537.1M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥755.0M and CN¥218.0M respectively.
Key information
3.7%
Debt to equity ratio
CN¥20.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥94.98m |
Equity | CN¥537.06m |
Total liabilities | CN¥217.97m |
Total assets | CN¥755.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000520's short term assets (CN¥256.5M) exceed its short term liabilities (CN¥178.1M).
Long Term Liabilities: 000520's short term assets (CN¥256.5M) exceed its long term liabilities (CN¥39.9M).
Debt to Equity History and Analysis
Debt Level: 000520 has more cash than its total debt.
Reducing Debt: 000520's debt to equity ratio has increased from 0% to 3.7% over the past 5 years.
Debt Coverage: 000520's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000520's interest payments on its debt are well covered by EBIT.