Qingdao Port International Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Port International has a total shareholder equity of CN¥46.5B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥61.7B and CN¥15.2B respectively. Qingdao Port International's EBIT is CN¥5.1B making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥12.0B.
Key information
6.5%
Debt to equity ratio
CN¥3.02b
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥11.99b |
| Equity | CN¥46.51b |
| Total liabilities | CN¥15.23b |
| Total assets | CN¥61.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QP's short term assets (CN¥16.2B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 0QP's short term assets (CN¥16.2B) exceed its long term liabilities (CN¥7.5B).
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 9.1% to 6.5% over the past 5 years.
Debt Coverage: 0QP's debt is well covered by operating cash flow (164.3%).
Interest Coverage: 0QP earns more interest than it pays, so coverage of interest payments is not a concern.