CN Logistics International Holdings Balance Sheet Health
Financial Health criteria checks 3/6
CN Logistics International Holdings has a total shareholder equity of HK$413.5M and total debt of HK$320.9M, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are HK$1.4B and HK$1.0B respectively. CN Logistics International Holdings's EBIT is HK$36.6M making its interest coverage ratio 1.6. It has cash and short-term investments of HK$282.5M.
Key information
77.6%
Debt to equity ratio
HK$320.95m
Debt
| Interest coverage ratio | 1.6x |
| Cash | HK$282.48m |
| Equity | HK$413.50m |
| Total liabilities | HK$1.00b |
| Total assets | HK$1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2130's short term assets (HK$898.2M) do not cover its short term liabilities (HK$901.3M).
Long Term Liabilities: 2130's short term assets (HK$898.2M) exceed its long term liabilities (HK$99.8M).
Debt to Equity History and Analysis
Debt Level: 2130's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: 2130's debt to equity ratio has increased from 33% to 77.6% over the past 5 years.
Debt Coverage: 2130's debt is well covered by operating cash flow (29.2%).
Interest Coverage: 2130's interest payments on its debt are not well covered by EBIT (1.6x coverage).