Bohai Ferry Group Balance Sheet Health
Financial Health criteria checks 6/6
Bohai Ferry Group has a total shareholder equity of CN¥3.8B and total debt of CN¥267.9M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CN¥4.5B and CN¥621.8M respectively. Bohai Ferry Group's EBIT is CN¥345.6M making its interest coverage ratio -61.3. It has cash and short-term investments of CN¥212.3M.
Key information
7.0%
Debt to equity ratio
CN¥267.91m
Debt
| Interest coverage ratio | -61.3x |
| Cash | CN¥212.28m |
| Equity | CN¥3.84b |
| Total liabilities | CN¥621.79m |
| Total assets | CN¥4.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603167's short term assets (CN¥639.4M) exceed its short term liabilities (CN¥409.9M).
Long Term Liabilities: 603167's short term assets (CN¥639.4M) exceed its long term liabilities (CN¥211.9M).
Debt to Equity History and Analysis
Debt Level: 603167's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 603167's debt to equity ratio has reduced from 34.6% to 7% over the past 5 years.
Debt Coverage: 603167's debt is well covered by operating cash flow (147.2%).
Interest Coverage: 603167 earns more interest than it pays, so coverage of interest payments is not a concern.