Qingdao Port International Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Port International has a total shareholder equity of CN¥46.0B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥60.9B and CN¥14.8B respectively. Qingdao Port International's EBIT is CN¥5.1B making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥11.4B.
Key information
5.8%
Debt to equity ratio
CN¥2.68b
Debt
Interest coverage ratio | -3.2x |
Cash | CN¥11.43b |
Equity | CN¥46.03b |
Total liabilities | CN¥14.84b |
Total assets | CN¥60.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QP's short term assets (CN¥15.2B) exceed its short term liabilities (CN¥7.5B).
Long Term Liabilities: 0QP's short term assets (CN¥15.2B) exceed its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: 0QP has more cash than its total debt.
Reducing Debt: 0QP's debt to equity ratio has reduced from 11.7% to 5.8% over the past 5 years.
Debt Coverage: 0QP's debt is well covered by operating cash flow (212.5%).
Interest Coverage: 0QP earns more interest than it pays, so coverage of interest payments is not a concern.