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
No updates
Recent updates
Financial 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.