COSCO SHIPPING International (Hong Kong) Balance Sheet Health
Financial Health criteria checks 6/6
COSCO SHIPPING International (Hong Kong) has a total shareholder equity of HK$8.2B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$9.2B and HK$1.0B respectively. COSCO SHIPPING International (Hong Kong)'s EBIT is HK$134.7M making its interest coverage ratio -0.5. It has cash and short-term investments of HK$6.3B.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -0.5x |
| Cash | HK$6.26b |
| Equity | HK$8.19b |
| Total liabilities | HK$1.02b |
| Total assets | HK$9.21b |
Recent financial health updates
COSCO SHIPPING International (Hong Kong) (HKG:517) Could Easily Take On More Debt
Apr 26
COSCO SHIPPING International (Hong Kong) (HKG:517) Has A Pretty Healthy Balance Sheet
Dec 29Recent updates
COSCO SHIPPING International (Hong Kong) (HKG:517) Is Experiencing Growth In Returns On Capital
Mar 12Market Participants Recognise COSCO SHIPPING International (Hong Kong) Co., Ltd.'s (HKG:517) Earnings
Jan 29Returns On Capital Are Showing Encouraging Signs At COSCO SHIPPING International (Hong Kong) (HKG:517)
Dec 06Estimating The Fair Value Of COSCO SHIPPING International (Hong Kong) Co., Ltd. (HKG:517)
Sep 21COSCO SHIPPING International (Hong Kong) (HKG:517) Is Looking To Continue Growing Its Returns On Capital
Jul 14COSCO SHIPPING International (Hong Kong) (HKG:517) Will Pay A Larger Dividend Than Last Year At HK$0.115
Mar 30COSCO SHIPPING International (Hong Kong)'s (HKG:517) Returns On Capital Are Heading Higher
Sep 26COSCO SHIPPING International (Hong Kong)'s (HKG:517) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 22COSCO SHIPPING International (Hong Kong)'s (HKG:517) Dividend Is Being Reduced To HK$0.09
May 12COSCO SHIPPING International (Hong Kong) (HKG:517) Has Announced That Its Dividend Will Be Reduced To HK$0.09
Apr 28COSCO SHIPPING International (Hong Kong)'s (HKG:517) Dividend Will Be Increased To HK$0.10
Sep 10COSCO SHIPPING International (Hong Kong) (HKG:517) Is Paying Out A Larger Dividend Than Last Year
Aug 20COSCO SHIPPING International (Hong Kong)'s (HKG:517) Profits Appear To Have Quality Issues
Apr 30COSCO SHIPPING International (Hong Kong) (HKG:517) Could Easily Take On More Debt
Apr 26Is COSCO SHIPPING International (Hong Kong) Co., Ltd. (HKG:517) At Risk Of Cutting Its Dividend?
Mar 30Is This A Sign of Things To Come At COSCO SHIPPING International (Hong Kong) (HKG:517)?
Mar 01COSCO SHIPPING International (Hong Kong)'s (HKG:517) Shareholders Are Down 41% On Their Shares
Feb 03COSCO SHIPPING International (Hong Kong) (HKG:517) Has A Pretty Healthy Balance Sheet
Dec 29Tread With Caution Around COSCO SHIPPING International (Hong Kong) Co., Ltd.'s (HKG:517) 6.6% Dividend Yield
Dec 11
Is COSCO SHIPPING International (Hong Kong) (HKG:517) Headed For Trouble?
Nov 23Financial Position Analysis
Short Term Liabilities: 517's short term assets (HK$7.8B) exceed its short term liabilities (HK$938.6M).
Long Term Liabilities: 517's short term assets (HK$7.8B) exceed its long term liabilities (HK$79.2M).
Debt to Equity History and Analysis
Debt Level: 517 is debt free.
Reducing Debt: 517 has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: 517 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 517 has no debt, therefore coverage of interest payments is not a concern.