Sinotrans Balance Sheet Health
Financial Health criteria checks 6/6
Sinotrans has a total shareholder equity of CN¥40.9B and total debt of CN¥9.7B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are CN¥81.5B and CN¥40.6B respectively. Sinotrans's EBIT is CN¥2.6B making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥12.0B.
Key information
23.8%
Debt to equity ratio
CN¥9.72b
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥11.97b |
| Equity | CN¥40.86b |
| Total liabilities | CN¥40.60b |
| Total assets | CN¥81.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 598's short term assets (CN¥40.8B) exceed its short term liabilities (CN¥32.1B).
Long Term Liabilities: 598's short term assets (CN¥40.8B) exceed its long term liabilities (CN¥8.5B).
Debt to Equity History and Analysis
Debt Level: 598 has more cash than its total debt.
Reducing Debt: 598's debt to equity ratio has reduced from 43.5% to 23.8% over the past 5 years.
Debt Coverage: 598's debt is well covered by operating cash flow (35.6%).
Interest Coverage: 598 earns more interest than it pays, so coverage of interest payments is not a concern.