Qinhuangdao Port Balance Sheet Health
Financial Health criteria checks 4/6
Qinhuangdao Port has a total shareholder equity of CN¥19.9B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are CN¥28.7B and CN¥8.8B respectively. Qinhuangdao Port's EBIT is CN¥1.6B making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥2.9B.
Key information
29.9%
Debt to equity ratio
CN¥5.94b
Debt
| Interest coverage ratio | -5.3x |
| Cash | CN¥2.94b |
| Equity | CN¥19.86b |
| Total liabilities | CN¥8.83b |
| Total assets | CN¥28.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601326's short term assets (CN¥3.5B) do not cover its short term liabilities (CN¥3.8B).
Long Term Liabilities: 601326's short term assets (CN¥3.5B) do not cover its long term liabilities (CN¥5.1B).
Debt to Equity History and Analysis
Debt Level: 601326's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 601326's debt to equity ratio has reduced from 47.3% to 29.9% over the past 5 years.
Debt Coverage: 601326's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 601326 earns more interest than it pays, so coverage of interest payments is not a concern.