Jinhui Shipping and Transportation Balance Sheet Health
Financial Health criteria checks 5/6
Jinhui Shipping and Transportation has a total shareholder equity of $367.5M and total debt of $87.1M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are $514.3M and $146.8M respectively. Jinhui Shipping and Transportation's EBIT is $20.8M making its interest coverage ratio 4.5. It has cash and short-term investments of $45.6M.
Key information
23.7%
Debt to equity ratio
US$87.07m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$45.58m |
| Equity | US$367.51m |
| Total liabilities | US$146.78m |
| Total assets | US$514.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JOD's short term assets ($65.2M) exceed its short term liabilities ($56.0M).
Long Term Liabilities: 0JOD's short term assets ($65.2M) do not cover its long term liabilities ($90.7M).
Debt to Equity History and Analysis
Debt Level: 0JOD's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: 0JOD's debt to equity ratio has reduced from 49% to 23.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 0JOD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0JOD has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 3.8% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 18:29 |
| End of Day Share Price | 2024/11/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jinhui Shipping and Transportation Limited is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erik Stavseth | Arctic Securities ASA |
| Lars Kalbakken | Carnegie Investment Bank AB |
| Nicolay Dyvik | DNB Markets |