China Merchants Port Group Balance Sheet Health
Financial Health criteria checks 3/6
China Merchants Port Group has a total shareholder equity of CN¥127.2B and total debt of CN¥55.7B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are CN¥198.6B and CN¥71.4B respectively. China Merchants Port Group's EBIT is CN¥4.7B making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥20.2B.
Key information
43.8%
Debt to equity ratio
CN¥55.70b
Debt
Interest coverage ratio | -1.1x |
Cash | CN¥20.16b |
Equity | CN¥127.20b |
Total liabilities | CN¥71.43b |
Total assets | CN¥198.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 201872's short term assets (CN¥23.5B) do not cover its short term liabilities (CN¥26.5B).
Long Term Liabilities: 201872's short term assets (CN¥23.5B) do not cover its long term liabilities (CN¥45.0B).
Debt to Equity History and Analysis
Debt Level: 201872's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: 201872's debt to equity ratio has reduced from 46.9% to 43.8% over the past 5 years.
Debt Coverage: 201872's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: 201872 earns more interest than it pays, so coverage of interest payments is not a concern.