Zhuhai Winbase International Chemical Tank TerminalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhuhai Winbase International Chemical Tank TerminalLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥303.9M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are CN¥2.1B and CN¥417.7M respectively. Zhuhai Winbase International Chemical Tank TerminalLtd's EBIT is CN¥74.8M making its interest coverage ratio -6. It has cash and short-term investments of CN¥615.6M.
Key information
17.9%
Debt to equity ratio
CN¥303.89m
Debt
| Interest coverage ratio | -6x |
| Cash | CN¥615.57m |
| Equity | CN¥1.70b |
| Total liabilities | CN¥417.75m |
| Total assets | CN¥2.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002492's short term assets (CN¥951.3M) exceed its short term liabilities (CN¥220.7M).
Long Term Liabilities: 002492's short term assets (CN¥951.3M) exceed its long term liabilities (CN¥197.1M).
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 25.2% to 17.9% over the past 5 years.
Debt Coverage: 002492's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 002492 earns more interest than it pays, so coverage of interest payments is not a concern.