Watts International Maritime Balance Sheet Health
Financial Health criteria checks 3/6
Watts International Maritime has a total shareholder equity of CN¥638.5M and total debt of CN¥313.7M, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are CN¥3.0B and CN¥2.4B respectively.
Key information
49.1%
Debt to equity ratio
CN¥313.66m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥271.45m |
| Equity | CN¥638.46m |
| Total liabilities | CN¥2.35b |
| Total assets | CN¥2.99b |
Recent financial health updates
Watts International Maritime (HKG:2258) Use Of Debt Could Be Considered Risky
May 08
Watts International Maritime Engineering (HKG:2258) Takes On Some Risk With Its Use Of Debt
Mar 26Recent updates
Watts International Maritime (HKG:2258) Could Be Struggling To Allocate Capital
Aug 07Should Shareholders Have Second Thoughts About A Pay Rise For Watts International Maritime Company Limited's (HKG:2258) CEO This Year?
Jun 18We Think That There Are Issues Underlying Watts International Maritime's (HKG:2258) Earnings
May 01Watts International Maritime (HKG:2258) Has Some Difficulty Using Its Capital Effectively
Apr 10Watts International Maritime Company Limited's (HKG:2258) Earnings Are Not Doing Enough For Some Investors
Jan 24Watts International Maritime's (HKG:2258) Returns On Capital Not Reflecting Well On The Business
Jun 13Watts International Maritime (HKG:2258) Use Of Debt Could Be Considered Risky
May 08Watts International Maritime (HKG:2258) Is Reinvesting At Lower Rates Of Return
Mar 08Watts International Maritime (HKG:2258) Might Be Having Difficulty Using Its Capital Effectively
Oct 24Here's What's Concerning About Watts International Maritime's (HKG:2258) Returns On Capital
Jul 22Watts International Maritime (HKG:2258) Is Increasing Its Dividend To HK$0.016
Jun 17Watts International Maritime (HKG:2258) Is Paying Out A Larger Dividend Than Last Year
May 04Watts International Maritime's (HKG:2258) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 20Watts International Maritime (HKG:2258) Is Paying Out A Larger Dividend Than Last Year
Apr 04Capital Allocation Trends At Watts International Maritime (HKG:2258) Aren't Ideal
Mar 09Watts International Maritime Engineering (HKG:2258) Might Be Having Difficulty Using Its Capital Effectively
Nov 22Watts International Maritime Engineering (HKG:2258) May Have Issues Allocating Its Capital
Aug 03Investors Could Be Concerned With Watts International Maritime Engineering's (HKG:2258) Returns On Capital
Apr 21Watts International Maritime Engineering (HKG:2258) Takes On Some Risk With Its Use Of Debt
Mar 26Calculating The Intrinsic Value Of Watts International Maritime Engineering Limited (HKG:2258)
Jan 03Has Watts International Maritime Engineering (HKG:2258) Got What It Takes To Become A Multi-Bagger?
Nov 29
Financial Position Analysis
Short Term Liabilities: 2258's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 2258's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥188.9M).
Debt to Equity History and Analysis
Debt Level: 2258's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: 2258's debt to equity ratio has increased from 3.5% to 49.1% over the past 5 years.
Debt Coverage: 2258's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2258's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:52 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| 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
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Analyst Sources
Watts International Maritime Company Limited is covered by 0 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 |
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