COSCO SHIPPING Ports Balance Sheet Health
Financial Health criteria checks 2/6
COSCO SHIPPING Ports has a total shareholder equity of $7.1B and total debt of $3.1B, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are $12.2B and $5.1B respectively. COSCO SHIPPING Ports's EBIT is $262.9M making its interest coverage ratio 2. It has cash and short-term investments of $939.6M.
Key information
43.0%
Debt to equity ratio
US$3.06b
Debt
| Interest coverage ratio | 2x |
| Cash | US$939.59m |
| Equity | US$7.12b |
| Total liabilities | US$5.07b |
| Total assets | US$12.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1199's short term assets ($1.4B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: 1199's short term assets ($1.4B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: 1199's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: 1199's debt to equity ratio has reduced from 52.4% to 43% over the past 5 years.
Debt Coverage: 1199's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 1199's interest payments on its debt are not well covered by EBIT (2x coverage).