China International Marine Containers (Group) Balance Sheet Health
Financial Health criteria checks 4/6
China International Marine Containers (Group) has a total shareholder equity of CN¥66.6B and total debt of CN¥45.6B, which brings its debt-to-equity ratio to 68.4%. Its total assets and total liabilities are CN¥172.3B and CN¥105.7B respectively. China International Marine Containers (Group)'s EBIT is CN¥4.5B making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥28.2B.
Key information
68.4%
Debt to equity ratio
CN¥45.55b
Debt
Interest coverage ratio | 2.4x |
Cash | CN¥28.20b |
Equity | CN¥66.61b |
Total liabilities | CN¥105.69b |
Total assets | CN¥172.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2039's short term assets (CN¥98.5B) exceed its short term liabilities (CN¥80.9B).
Long Term Liabilities: 2039's short term assets (CN¥98.5B) exceed its long term liabilities (CN¥24.8B).
Debt to Equity History and Analysis
Debt Level: 2039's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 2039's debt to equity ratio has reduced from 121.1% to 68.4% over the past 5 years.
Debt Coverage: 2039's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: 2039's interest payments on its debt are not well covered by EBIT (2.4x coverage).