Qingdao Port International Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Port International has a total shareholder equity of CN¥46.5B and total debt of CN¥3.0B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥61.7B and CN¥15.2B respectively. Qingdao Port International's EBIT is CN¥5.1B making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥12.0B.
Key information
6.5%
Debt to equity ratio
CN¥3.02b
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥11.99b |
| Equity | CN¥46.51b |
| Total liabilities | CN¥15.23b |
| Total assets | CN¥61.73b |
Recent financial health updates
Qingdao Port International (HKG:6198) Has A Pretty Healthy Balance Sheet
May 13
These 4 Measures Indicate That Qingdao Port International (HKG:6198) Is Using Debt Reasonably Well
Feb 11Is Qingdao Port International (HKG:6198) Using Too Much Debt?
Oct 20Qingdao Port International (HKG:6198) Seems To Use Debt Quite Sensibly
Jun 21We Think Qingdao Port International (HKG:6198) Can Stay On Top Of Its Debt
Mar 18Here's Why Qingdao Port International (HKG:6198) Can Manage Its Debt Responsibly
Sep 21Recent updates
If EPS Growth Is Important To You, Qingdao Port International (HKG:6198) Presents An Opportunity
Oct 25Returns Are Gaining Momentum At Qingdao Port International (HKG:6198)
Jun 27Qingdao Port International's (HKG:6198) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 10With EPS Growth And More, Qingdao Port International (HKG:6198) Makes An Interesting Case
May 31Qingdao Port International (HKG:6198) Has A Pretty Healthy Balance Sheet
May 13Is Qingdao Port International Co., Ltd. (HKG:6198) Trading At A 42% Discount?
Apr 15Qingdao Port International Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Mar 31These 4 Measures Indicate That Qingdao Port International (HKG:6198) Is Using Debt Reasonably Well
Feb 11Returns On Capital Are Showing Encouraging Signs At Qingdao Port International (HKG:6198)
Jan 23Does Qingdao Port International (HKG:6198) Deserve A Spot On Your Watchlist?
Dec 19Earnings Update: Qingdao Port International Co., Ltd. (HKG:6198) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
Oct 30Is Qingdao Port International (HKG:6198) Using Too Much Debt?
Oct 20Qingdao Port International (HKG:6198) Is Experiencing Growth In Returns On Capital
Oct 01Qingdao Port International (HKG:6198) Seems To Use Debt Quite Sensibly
Jun 21Qingdao Port International (HKG:6198) Is Experiencing Growth In Returns On Capital
May 26We Think Qingdao Port International (HKG:6198) Can Stay On Top Of Its Debt
Mar 18Returns At Qingdao Port International (HKG:6198) Appear To Be Weighed Down
Nov 25We Think You Should Be Aware Of Some Concerning Factors In Qingdao Port International's (HKG:6198) Earnings
Nov 04Here's Why Qingdao Port International (HKG:6198) Can Manage Its Debt Responsibly
Sep 21Qingdao Port International (HKG:6198) Has Some Way To Go To Become A Multi-Bagger
Jul 26Estimating The Fair Value Of Qingdao Port International Co., Ltd. (HKG:6198)
Jun 03Does Qingdao Port International (HKG:6198) Have A Healthy Balance Sheet?
May 16Qingdao Port International (HKG:6198) Might Have The Makings Of A Multi-Bagger
Apr 03Does Qingdao Port International (HKG:6198) Deserve A Spot On Your Watchlist?
Feb 11A Look At The Intrinsic Value Of Qingdao Port International Co., Ltd. (HKG:6198)
Jan 24Qingdao Port International (HKG:6198) Seems To Use Debt Quite Sensibly
Jan 02Qingdao Port International (HKG:6198) Is Doing The Right Things To Multiply Its Share Price
Dec 12Calculating The Fair Value Of Qingdao Port International Co., Ltd. (HKG:6198)
Oct 25Is Qingdao Port International (HKG:6198) Using Too Much Debt?
Oct 04Returns On Capital Are Showing Encouraging Signs At Qingdao Port International (HKG:6198)
Sep 12Estimating The Fair Value Of Qingdao Port International Co., Ltd. (HKG:6198)
Jul 27These 4 Measures Indicate That Qingdao Port International (HKG:6198) Is Using Debt Reasonably Well
Jun 30Qingdao Port International (HKG:6198) Might Have The Makings Of A Multi-Bagger
May 31Financial Position Analysis
Short Term Liabilities: 6198's short term assets (CN¥16.2B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 6198's short term assets (CN¥16.2B) exceed its long term liabilities (CN¥7.5B).
Debt to Equity History and Analysis
Debt Level: 6198 has more cash than its total debt.
Reducing Debt: 6198's debt to equity ratio has reduced from 9.1% to 6.5% over the past 5 years.
Debt Coverage: 6198's debt is well covered by operating cash flow (164.3%).
Interest Coverage: 6198 earns more interest than it pays, so coverage of interest payments is not a concern.