China Merchants Port Holdings Balance Sheet Health
Financial Health criteria checks 4/6
China Merchants Port Holdings has a total shareholder equity of HK$120.8B and total debt of HK$36.3B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are HK$172.3B and HK$51.5B respectively. China Merchants Port Holdings's EBIT is HK$3.7B making its interest coverage ratio 3. It has cash and short-term investments of HK$12.3B.
Key information
30.0%
Debt to equity ratio
HK$36.31b
Debt
Interest coverage ratio | 3x |
Cash | HK$12.33b |
Equity | HK$120.85b |
Total liabilities | HK$51.47b |
Total assets | HK$172.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 144's short term assets (HK$17.7B) do not cover its short term liabilities (HK$20.4B).
Long Term Liabilities: 144's short term assets (HK$17.7B) do not cover its long term liabilities (HK$31.1B).
Debt to Equity History and Analysis
Debt Level: 144's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: 144's debt to equity ratio has reduced from 44.2% to 30% over the past 5 years.
Debt Coverage: 144's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 144's interest payments on its debt are well covered by EBIT (3x coverage).