COSCO SHIPPING Energy Transportation Balance Sheet Health
Financial Health criteria checks 3/6
COSCO SHIPPING Energy Transportation has a total shareholder equity of CN¥38.4B and total debt of CN¥28.0B, which brings its debt-to-equity ratio to 73%. Its total assets and total liabilities are CN¥75.4B and CN¥37.0B respectively. COSCO SHIPPING Energy Transportation's EBIT is CN¥5.2B making its interest coverage ratio -189. It has cash and short-term investments of CN¥4.3B.
Key information
73.0%
Debt to equity ratio
CN¥28.05b
Debt
| Interest coverage ratio | -189x |
| Cash | CN¥4.31b |
| Equity | CN¥38.42b |
| Total liabilities | CN¥36.98b |
| Total assets | CN¥75.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSDX.F's short term assets (CN¥9.4B) do not cover its short term liabilities (CN¥9.9B).
Long Term Liabilities: CSDX.F's short term assets (CN¥9.4B) do not cover its long term liabilities (CN¥27.1B).
Debt to Equity History and Analysis
Debt Level: CSDX.F's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: CSDX.F's debt to equity ratio has reduced from 101.2% to 73% over the past 5 years.
Debt Coverage: CSDX.F's debt is well covered by operating cash flow (27.9%).
Interest Coverage: CSDX.F earns more interest than it pays, so coverage of interest payments is not a concern.