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¥584.2M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥5.0B and CN¥1.1B respectively. Nanjing Port's EBIT is CN¥255.4M making its interest coverage ratio -48.4. It has cash and short-term investments of CN¥552.7M.
Key information
15.1%
Debt to equity ratio
CN¥584.16m
Debt
| Interest coverage ratio | -48.4x |
| Cash | CN¥552.73m |
| Equity | CN¥3.86b |
| Total liabilities | CN¥1.11b |
| Total assets | CN¥4.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002040's short term assets (CN¥768.8M) exceed its short term liabilities (CN¥685.8M).
Long Term Liabilities: 002040's short term assets (CN¥768.8M) exceed its long term liabilities (CN¥421.5M).
Debt to Equity History and Analysis
Debt Level: 002040's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 002040's debt to equity ratio has reduced from 34.9% to 15.1% over the past 5 years.
Debt Coverage: 002040's debt is well covered by operating cash flow (60.6%).
Interest Coverage: 002040 earns more interest than it pays, so coverage of interest payments is not a concern.