COSCO SHIPPING International (Hong Kong) Balance Sheet Health
Financial Health criteria checks 6/6
COSCO SHIPPING International (Hong Kong) has a total shareholder equity of HK$8.2B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$9.2B and HK$1.0B respectively. COSCO SHIPPING International (Hong Kong)'s EBIT is HK$134.7M making its interest coverage ratio -0.5. It has cash and short-term investments of HK$6.3B.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | -0.5x |
Cash | HK$6.26b |
Equity | HK$8.19b |
Total liabilities | HK$1.02b |
Total assets | HK$9.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSB's short term assets (HK$7.8B) exceed its short term liabilities (HK$938.6M).
Long Term Liabilities: CSB's short term assets (HK$7.8B) exceed its long term liabilities (HK$79.2M).
Debt to Equity History and Analysis
Debt Level: CSB is debt free.
Reducing Debt: CSB has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: CSB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CSB has no debt, therefore coverage of interest payments is not a concern.