Zhuhai Winbase International Chemical Tank TerminalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhuhai Winbase International Chemical Tank TerminalLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥219.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥2.0B and CN¥348.1M respectively. Zhuhai Winbase International Chemical Tank TerminalLtd's EBIT is CN¥94.9M making its interest coverage ratio -7.3. It has cash and short-term investments of CN¥541.3M.
Key information
13.0%
Debt to equity ratio
CN¥219.02m
Debt
| Interest coverage ratio | -7.3x |
| Cash | CN¥541.33m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥348.15m |
| Total assets | CN¥2.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002492's short term assets (CN¥879.7M) exceed its short term liabilities (CN¥253.8M).
Long Term Liabilities: 002492's short term assets (CN¥879.7M) exceed its long term liabilities (CN¥94.4M).
Debt to Equity History and Analysis
Debt Level: 002492 has more cash than its total debt.
Reducing Debt: 002492's debt to equity ratio has reduced from 26.5% to 13% over the past 5 years.
Debt Coverage: 002492's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 002492 earns more interest than it pays, so coverage of interest payments is not a concern.