COSCO SHIPPING Ports Balance Sheet Health
Financial Health criteria checks 1/6
COSCO SHIPPING Ports has a total shareholder equity of $6.8B and total debt of $3.2B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are $11.8B and $5.0B respectively. COSCO SHIPPING Ports's EBIT is $262.9M making its interest coverage ratio 1.9. It has cash and short-term investments of $995.4M.
Key information
46.4%
Debt to equity ratio
US$3.16b
Debt
Interest coverage ratio | 1.9x |
Cash | US$995.42m |
Equity | US$6.81b |
Total liabilities | US$5.03b |
Total assets | US$11.84b |
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 ($1.7B).
Long Term Liabilities: 1199's short term assets ($1.4B) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: 1199's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: 1199's debt to equity ratio has increased from 43.3% to 46.4% over the past 5 years.
Debt Coverage: 1199's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 1199's interest payments on its debt are not well covered by EBIT (1.9x coverage).