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¥21.7B and total debt of CN¥5.6B, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are CN¥50.1B and CN¥28.4B respectively.
Key information
26.0%
Debt to equity ratio
CN¥5.64b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥11.66b |
| Equity | CN¥21.68b |
| Total liabilities | CN¥28.43b |
| Total assets | CN¥50.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 317's short term assets (CN¥27.7B) exceed its short term liabilities (CN¥21.2B).
Long Term Liabilities: 317's short term assets (CN¥27.7B) exceed its long term liabilities (CN¥7.3B).
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 90.7% to 26% over the past 5 years.
Debt Coverage: 317's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: Insufficient data to determine if 317's interest payments on its debt are well covered by EBIT.