China International Marine Containers (Group) Balance Sheet Health
Financial Health criteria checks 5/6
China International Marine Containers (Group) has a total shareholder equity of CN¥64.6B and total debt of CN¥39.2B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are CN¥161.8B and CN¥97.1B respectively. China International Marine Containers (Group)'s EBIT is CN¥4.9B making its interest coverage ratio 3. It has cash and short-term investments of CN¥21.7B.
Key information
60.6%
Debt to equity ratio
CN¥39.19b
Debt
Interest coverage ratio | 3x |
Cash | CN¥21.66b |
Equity | CN¥64.63b |
Total liabilities | CN¥97.13b |
Total assets | CN¥161.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2039's short term assets (CN¥88.4B) exceed its short term liabilities (CN¥79.0B).
Long Term Liabilities: 2039's short term assets (CN¥88.4B) exceed its long term liabilities (CN¥18.1B).
Debt to Equity History and Analysis
Debt Level: 2039's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: 2039's debt to equity ratio has reduced from 118.8% to 60.6% over the past 5 years.
Debt Coverage: 2039's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 2039's interest payments on its debt are well covered by EBIT (3x coverage).