Eastern Air Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Eastern Air Logistics has a total shareholder equity of CN¥17.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥28.2B and CN¥10.6B respectively. Eastern Air Logistics's EBIT is CN¥3.4B making its interest coverage ratio 15.3. It has cash and short-term investments of CN¥8.8B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | 15.3x |
Cash | CN¥8.85b |
Equity | CN¥17.65b |
Total liabilities | CN¥10.57b |
Total assets | CN¥28.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601156's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 601156's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥6.0B).
Debt to Equity History and Analysis
Debt Level: 601156 is debt free.
Reducing Debt: 601156 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: 601156 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601156 has no debt, therefore coverage of interest payments is not a concern.