COSCO SHIPPING International (Singapore) Balance Sheet Health
Financial Health criteria checks 3/6
COSCO SHIPPING International (Singapore) has a total shareholder equity of SGD491.0M and total debt of SGD178.6M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are SGD856.3M and SGD365.3M respectively. COSCO SHIPPING International (Singapore)'s EBIT is SGD11.1M making its interest coverage ratio 0.9. It has cash and short-term investments of SGD69.2M.
Key information
36.4%
Debt to equity ratio
S$178.65m
Debt
Interest coverage ratio | 0.9x |
Cash | S$69.19m |
Equity | S$491.02m |
Total liabilities | S$365.32m |
Total assets | S$856.34m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VZS's short term assets (SGD114.4M) exceed its short term liabilities (SGD67.6M).
Long Term Liabilities: VZS's short term assets (SGD114.4M) do not cover its long term liabilities (SGD297.7M).
Debt to Equity History and Analysis
Debt Level: VZS's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: VZS's debt to equity ratio has increased from 31.7% to 36.4% over the past 5 years.
Debt Coverage: VZS's debt is well covered by operating cash flow (27.2%).
Interest Coverage: VZS's interest payments on its debt are not well covered by EBIT (0.9x coverage).