Jinzhou Port Balance Sheet Health
Financial Health criteria checks 2/6
Jinzhou Port has a total shareholder equity of CN¥6.9B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 85.7%. Its total assets and total liabilities are CN¥17.2B and CN¥10.3B respectively. Jinzhou Port's EBIT is CN¥442.1M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥1.5B.
Key information
85.7%
Debt to equity ratio
CN¥5.89b
Debt
Interest coverage ratio | 1.1x |
Cash | CN¥1.50b |
Equity | CN¥6.87b |
Total liabilities | CN¥10.31b |
Total assets | CN¥17.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600190's short term assets (CN¥3.0B) do not cover its short term liabilities (CN¥7.4B).
Long Term Liabilities: 600190's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 600190's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: 600190's debt to equity ratio has reduced from 129.8% to 85.7% over the past 5 years.
Debt Coverage: 600190's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 600190's interest payments on its debt are not well covered by EBIT (1.1x coverage).