Nanjing Port Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Port has a total shareholder equity of CN¥3.8B and total debt of CN¥453.0M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are CN¥5.0B and CN¥1.1B respectively. Nanjing Port's EBIT is CN¥248.1M making its interest coverage ratio -31.7. It has cash and short-term investments of CN¥558.2M.
Key information
11.8%
Debt to equity ratio
CN¥453.04m
Debt
Interest coverage ratio | -31.7x |
Cash | CN¥558.18m |
Equity | CN¥3.84b |
Total liabilities | CN¥1.11b |
Total assets | CN¥4.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002040's short term assets (CN¥757.7M) exceed its short term liabilities (CN¥638.3M).
Long Term Liabilities: 002040's short term assets (CN¥757.7M) exceed its long term liabilities (CN¥472.4M).
Debt to Equity History and Analysis
Debt Level: 002040 has more cash than its total debt.
Reducing Debt: 002040's debt to equity ratio has reduced from 40.8% to 11.8% over the past 5 years.
Debt Coverage: 002040's debt is well covered by operating cash flow (83.4%).
Interest Coverage: 002040 earns more interest than it pays, so coverage of interest payments is not a concern.