China Overseas Grand Oceans Group Balance Sheet Health
Financial Health criteria checks 4/6
China Overseas Grand Oceans Group has a total shareholder equity of CN¥38.0B and total debt of CN¥42.7B, which brings its debt-to-equity ratio to 112.5%. Its total assets and total liabilities are CN¥140.0B and CN¥102.0B respectively. China Overseas Grand Oceans Group's EBIT is CN¥3.5B making its interest coverage ratio -13.1. It has cash and short-term investments of CN¥25.2B.
Key information
112.5%
Debt to equity ratio
CN¥42.71b
Debt
| Interest coverage ratio | -13.1x |
| Cash | CN¥25.21b |
| Equity | CN¥37.98b |
| Total liabilities | CN¥102.01b |
| Total assets | CN¥139.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWL's short term assets (CN¥131.6B) exceed its short term liabilities (CN¥69.9B).
Long Term Liabilities: SWL's short term assets (CN¥131.6B) exceed its long term liabilities (CN¥32.1B).
Debt to Equity History and Analysis
Debt Level: SWL's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: SWL's debt to equity ratio has reduced from 153.3% to 112.5% over the past 5 years.
Debt Coverage: SWL's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: SWL earns more interest than it pays, so coverage of interest payments is not a concern.