Sinotrans Balance Sheet Health
Financial Health criteria checks 6/6
Sinotrans has a total shareholder equity of CN¥40.1B and total debt of CN¥9.5B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CN¥75.9B and CN¥35.8B respectively. Sinotrans's EBIT is CN¥2.8B making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥14.0B.
Key information
23.6%
Debt to equity ratio
CN¥9.47b
Debt
Interest coverage ratio | -1.4x |
Cash | CN¥13.98b |
Equity | CN¥40.12b |
Total liabilities | CN¥35.77b |
Total assets | CN¥75.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 598's short term assets (CN¥34.6B) exceed its short term liabilities (CN¥28.0B).
Long Term Liabilities: 598's short term assets (CN¥34.6B) exceed its long term liabilities (CN¥7.7B).
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 56.6% to 23.6% over the past 5 years.
Debt Coverage: 598's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 598 earns more interest than it pays, so coverage of interest payments is not a concern.