CSSC Offshore & Marine Engineering (Group) Balance Sheet Health
Financial Health criteria checks 4/6
CSSC Offshore & Marine Engineering (Group) has a total shareholder equity of CN¥20.9B and total debt of CN¥5.0B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥50.8B and CN¥29.9B respectively.
Key information
24.1%
Debt to equity ratio
CN¥5.03b
Debt
Interest coverage ratio | n/a |
Cash | CN¥12.83b |
Equity | CN¥20.93b |
Total liabilities | CN¥29.91b |
Total assets | CN¥50.84b |
Recent financial health updates
Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Debt In A Risky Way?
Jan 17Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Debt In A Risky Way?
Oct 04Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Too Much Debt?
Jun 24Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Debt Sensibly?
Feb 13Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Debt Sensibly?
Sep 02Does CSSC Offshore & Marine Engineering (Group) (HKG:317) Have A Healthy Balance Sheet?
Apr 30Recent updates
CSSC Offshore & Marine Engineering (Group)'s (HKG:317) Soft Earnings Don't Show The Whole Picture
Apr 03Estimating The Fair Value Of CSSC Offshore & Marine Engineering (Group) Company Limited (HKG:317)
Feb 12Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Debt In A Risky Way?
Jan 17CSSC Offshore & Marine Engineering (Group) Company Limited's (HKG:317) Shares Climb 28% But Its Business Is Yet to Catch Up
Dec 26Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Debt In A Risky Way?
Oct 04Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Too Much Debt?
Jun 24Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Debt Sensibly?
Feb 13CSSC Offshore & Marine Engineering (Group) Company Limited's (HKG:317) Business Is Trailing The Market But Its Shares Aren't
Oct 17Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Debt Sensibly?
Sep 02CSSC Offshore & Marine Engineering (Group)'s (HKG:317) Dividend Will Be Reduced To HK$0.16
May 23Does CSSC Offshore & Marine Engineering (Group) (HKG:317) Have A Healthy Balance Sheet?
Apr 30Does CSSC Offshore & Marine Engineering (Group) (HKG:317) Have A Healthy Balance Sheet?
Dec 24CSSC Offshore & Marine Engineering (Group) (HKG:317) Has Debt But No Earnings; Should You Worry?
Sep 10Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Too Much Debt?
May 24Should You Be Adding CSSC Offshore & Marine Engineering (Group) (HKG:317) To Your Watchlist Today?
Apr 01What Type Of Shareholders Make Up CSSC Offshore & Marine Engineering (Group) Company Limited's (HKG:317) Share Registry?
Mar 04The CSSC Offshore & Marine Engineering (Group) (HKG:317) Share Price Has Gained 64% And Shareholders Are Hoping For More
Jan 28Is CSSC Offshore & Marine Engineering (Group) (HKG:317) Using Too Much Debt?
Jan 07Key Things To Understand About CSSC Offshore & Marine Engineering (Group)'s (HKG:317) CEO Pay Cheque
Dec 17At HK$8.18, Is CSSC Offshore & Marine Engineering (Group) Company Limited (HKG:317) Worth Looking At Closely?
Nov 29Financial Position Analysis
Short Term Liabilities: 317's short term assets (CN¥28.1B) exceed its short term liabilities (CN¥24.7B).
Long Term Liabilities: 317's short term assets (CN¥28.1B) exceed its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 317 has more cash than its total debt.
Reducing Debt: 317's debt to equity ratio has reduced from 95.6% to 24.1% over the past 5 years.
Debt Coverage: 317's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 317's interest payments on its debt are well covered by EBIT.