COSCO SHIPPING Ports Balance Sheet Health
Financial Health criteria checks 1/6
COSCO SHIPPING Ports has a total shareholder equity of $6.8B and total debt of $3.3B, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are $11.9B and $5.1B respectively. COSCO SHIPPING Ports's EBIT is $269.2M making its interest coverage ratio 1.9. It has cash and short-term investments of $1.2B.
Key information
48.5%
Debt to equity ratio
US$3.32b
Debt
Interest coverage ratio | 1.9x |
Cash | US$1.17b |
Equity | US$6.84b |
Total liabilities | US$5.09b |
Total assets | US$11.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTH's short term assets ($1.5B) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: CTH's short term assets ($1.5B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: CTH's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: CTH's debt to equity ratio has increased from 46% to 48.5% over the past 5 years.
Debt Coverage: CTH's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: CTH's interest payments on its debt are not well covered by EBIT (1.9x coverage).