COSCO SHIPPING International (Singapore) Balance Sheet Health
Financial Health criteria checks 4/6
COSCO SHIPPING International (Singapore) has a total shareholder equity of SGD493.9M and total debt of SGD170.0M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are SGD841.3M and SGD347.4M respectively. COSCO SHIPPING International (Singapore)'s EBIT is SGD9.0M making its interest coverage ratio 0.8. It has cash and short-term investments of SGD54.8M.
Key information
34.4%
Debt to equity ratio
S$170.00m
Debt
| Interest coverage ratio | 0.8x |
| Cash | S$54.82m |
| Equity | S$493.88m |
| Total liabilities | S$347.44m |
| Total assets | S$841.32m |
Recent financial health updates
These 4 Measures Indicate That COSCO SHIPPING International (Singapore) (SGX:F83) Is Using Debt Extensively
May 29
We Think COSCO SHIPPING International (Singapore) (SGX:F83) Can Stay On Top Of Its Debt
Mar 03Is COSCO Shipping International (Singapore) (SGX:F83) Using Too Much Debt?
Jun 08Recent updates
COSCO SHIPPING International (Singapore) Co., Ltd.'s (SGX:F83) Business Is Trailing The Industry But Its Shares Aren't
Aug 07These 4 Measures Indicate That COSCO SHIPPING International (Singapore) (SGX:F83) Is Using Debt Extensively
May 29These Return Metrics Don't Make COSCO SHIPPING International (Singapore) (SGX:F83) Look Too Strong
Apr 21Estimating The Fair Value Of COSCO SHIPPING International (Singapore) Co., Ltd. (SGX:F83)
Jan 23COSCO SHIPPING International (Singapore) Co., Ltd. (SGX:F83) Investors Are Less Pessimistic Than Expected
Dec 21We Like These Underlying Return On Capital Trends At COSCO SHIPPING International (Singapore) (SGX:F83)
Apr 04We Think COSCO SHIPPING International (Singapore) (SGX:F83) Can Stay On Top Of Its Debt
Mar 03Is COSCO Shipping International (Singapore) (SGX:F83) Using Too Much Debt?
Jun 08A Look At The Fair Value Of COSCO Shipping International (Singapore) Co., Ltd. (SGX:F83)
May 04COSCO Shipping International (Singapore) Co., Ltd. (SGX:F83) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Mar 02We Wouldn't Rely On COSCO Shipping International (Singapore)'s (SGX:F83) Statutory Earnings As A Guide
Jan 25
COSCO Shipping International (Singapore)'s(SGX:F83) Share Price Is Down 45% Over The Past Five Years.
Dec 21COSCO Shipping International (Singapore) Co., Ltd.'s (SGX:F83) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 25Financial Position Analysis
Short Term Liabilities: F83's short term assets (SGD104.6M) exceed its short term liabilities (SGD80.7M).
Long Term Liabilities: F83's short term assets (SGD104.6M) do not cover its long term liabilities (SGD266.7M).
Debt to Equity History and Analysis
Debt Level: F83's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: F83's debt to equity ratio has reduced from 35.9% to 34.4% over the past 5 years.
Debt Coverage: F83's debt is well covered by operating cash flow (25.7%).
Interest Coverage: F83's interest payments on its debt are not well covered by EBIT (0.8x coverage).