Guangzhou Port Balance Sheet Health
Financial Health criteria checks 2/6
Guangzhou Port has a total shareholder equity of CN¥24.1B and total debt of CN¥17.8B, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are CN¥49.7B and CN¥25.5B respectively. Guangzhou Port's EBIT is CN¥1.7B making its interest coverage ratio 11.1. It has cash and short-term investments of CN¥6.1B.
Key information
73.6%
Debt to equity ratio
CN¥17.76b
Debt
| Interest coverage ratio | 11.1x |
| Cash | CN¥6.14b |
| Equity | CN¥24.14b |
| Total liabilities | CN¥25.55b |
| Total assets | CN¥49.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601228's short term assets (CN¥8.9B) exceed its short term liabilities (CN¥7.4B).
Long Term Liabilities: 601228's short term assets (CN¥8.9B) do not cover its long term liabilities (CN¥18.1B).
Debt to Equity History and Analysis
Debt Level: 601228's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: 601228's debt to equity ratio has increased from 43.4% to 73.6% over the past 5 years.
Debt Coverage: 601228's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 601228's interest payments on its debt are well covered by EBIT (11.1x coverage).