Nanjing Port Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing Port has a total shareholder equity of CN¥3.9B and total debt of CN¥542.6M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are CN¥5.0B and CN¥1.1B respectively. Nanjing Port's EBIT is CN¥266.1M making its interest coverage ratio -111.5. It has cash and short-term investments of CN¥545.0M.
Key information
14.0%
Debt to equity ratio
CN¥542.57m
Debt
| Interest coverage ratio | -111.5x |
| Cash | CN¥544.98m |
| Equity | CN¥3.89b |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥4.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002040's short term assets (CN¥761.7M) exceed its short term liabilities (CN¥611.9M).
Long Term Liabilities: 002040's short term assets (CN¥761.7M) exceed its long term liabilities (CN¥467.1M).
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 35% to 14% over the past 5 years.
Debt Coverage: 002040's debt is well covered by operating cash flow (73.5%).
Interest Coverage: 002040 earns more interest than it pays, so coverage of interest payments is not a concern.