CSSC (Hong Kong) Shipping Balance Sheet Health
Financial Health criteria checks 2/6
CSSC (Hong Kong) Shipping has a total shareholder equity of HK$12.8B and total debt of HK$31.6B, which brings its debt-to-equity ratio to 246.3%. Its total assets and total liabilities are HK$45.1B and HK$32.3B respectively.
Key information
246.3%
Debt to equity ratio
HK$31.59b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.66b |
| Equity | HK$12.83b |
| Total liabilities | HK$32.31b |
| Total assets | HK$45.14b |
Recent financial health updates
No updates
Recent updates
CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 30
Insufficient Growth At CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Hampers Share Price
Jan 03CSSC (Hong Kong) Shipping (HKG:3877) Has Announced That It Will Be Increasing Its Dividend To HK$0.07
Jun 05CSSC (Hong Kong) Shipping (HKG:3877) Will Pay A Dividend Of HK$0.03
Sep 12CSSC (Hong Kong) Shipping (HKG:3877) Is Due To Pay A Dividend Of HK$0.06
Jun 01CSSC (Hong Kong) Shipping (HKG:3877) Is Due To Pay A Dividend Of HK$0.03
Aug 29Is CSSC (Hong Kong) Shipping Company Limited (HKG:3877) The Right Choice For A Smart Dividend Investor?
Apr 28Investors Who Bought CSSC (Hong Kong) Shipping (HKG:3877) Shares A Year Ago Are Now Up 11%
Mar 15Here's How We Evaluate CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Dividend
Dec 22Financial Position Analysis
Short Term Liabilities: 3877's short term assets (HK$26.9B) exceed its short term liabilities (HK$522.0M).
Long Term Liabilities: 3877's short term assets (HK$26.9B) do not cover its long term liabilities (HK$31.8B).
Debt to Equity History and Analysis
Debt Level: 3877's net debt to equity ratio (233.3%) is considered high.
Reducing Debt: 3877's debt to equity ratio has reduced from 400.6% to 246.3% over the past 5 years.
Debt Coverage: 3877's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 3877's interest payments on its debt are well covered by EBIT.