Guangzhou Port Balance Sheet Health
Financial Health criteria checks 1/6
Guangzhou Port has a total shareholder equity of CN¥24.4B and total debt of CN¥17.8B, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are CN¥49.9B and CN¥25.4B respectively. Guangzhou Port's EBIT is CN¥1.7B making its interest coverage ratio 12.8. It has cash and short-term investments of CN¥6.0B.
Key information
72.7%
Debt to equity ratio
CN¥17.77b
Debt
| Interest coverage ratio | 12.8x |
| Cash | CN¥5.97b |
| Equity | CN¥24.43b |
| Total liabilities | CN¥25.43b |
| Total assets | CN¥49.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601228's short term assets (CN¥8.5B) do not cover its short term liabilities (CN¥10.3B).
Long Term Liabilities: 601228's short term assets (CN¥8.5B) do not cover its long term liabilities (CN¥15.2B).
Debt to Equity History and Analysis
Debt Level: 601228's net debt to equity ratio (48.3%) is considered high.
Reducing Debt: 601228's debt to equity ratio has increased from 39.3% to 72.7% over the past 5 years.
Debt Coverage: 601228's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 601228's interest payments on its debt are well covered by EBIT (12.8x coverage).