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
Financial 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.