Liaoning Port Balance Sheet Health
Financial Health criteria checks 6/6
Liaoning Port has a total shareholder equity of CN¥43.2B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are CN¥57.3B and CN¥14.2B respectively. Liaoning Port's EBIT is CN¥2.4B making its interest coverage ratio 7.8. It has cash and short-term investments of CN¥6.2B.
Key information
15.9%
Debt to equity ratio
CN¥6.85b
Debt
Interest coverage ratio | 7.8x |
Cash | CN¥6.19b |
Equity | CN¥43.17b |
Total liabilities | CN¥14.17b |
Total assets | CN¥57.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601880's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 601880's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥9.4B).
Debt to Equity History and Analysis
Debt Level: 601880's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 601880's debt to equity ratio has reduced from 54.5% to 15.9% over the past 5 years.
Debt Coverage: 601880's debt is well covered by operating cash flow (47.3%).
Interest Coverage: 601880's interest payments on its debt are well covered by EBIT (7.8x coverage).