CSSC (Hong Kong) Shipping Balance Sheet Health
Financial Health criteria checks 3/6
CSSC (Hong Kong) Shipping has a total shareholder equity of HK$13.7B and total debt of HK$28.7B, which brings its debt-to-equity ratio to 210.3%. Its total assets and total liabilities are HK$43.8B and HK$30.1B respectively.
Key information
210.3%
Debt to equity ratio
HK$28.74b
Debt
Interest coverage ratio | n/a |
Cash | HK$2.30b |
Equity | HK$13.67b |
Total liabilities | HK$30.12b |
Total assets | HK$43.79b |
Recent financial health updates
No updates
Recent updates
CSSC (Hong Kong) Shipping (HKG:3877) Has Affirmed Its Dividend Of HK$0.03
Oct 02The Market Doesn't Like What It Sees From CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Earnings Yet
Sep 10CSSC (Hong Kong) Shipping (HKG:3877) Is Increasing Its Dividend To HK$0.09
Jun 19CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 30Insufficient 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$24.4B) exceed its short term liabilities (HK$10.6B).
Long Term Liabilities: 3877's short term assets (HK$24.4B) exceed its long term liabilities (HK$19.5B).
Debt to Equity History and Analysis
Debt Level: 3877's net debt to equity ratio (193.5%) is considered high.
Reducing Debt: 3877's debt to equity ratio has reduced from 252.4% to 210.3% over the past 5 years.
Debt Coverage: 3877's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: Insufficient data to determine if 3877's interest payments on its debt are well covered by EBIT.