COSCO SHIPPING Holdings Balance Sheet Health
Financial Health criteria checks 6/6
COSCO SHIPPING Holdings has a total shareholder equity of CN¥250.1B and total debt of CN¥45.8B, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are CN¥459.4B and CN¥209.4B respectively. COSCO SHIPPING Holdings's EBIT is CN¥21.5B making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥174.5B.
Key information
18.3%
Debt to equity ratio
CN¥45.77b
Debt
Interest coverage ratio | -2.5x |
Cash | CN¥174.50b |
Equity | CN¥250.05b |
Total liabilities | CN¥209.38b |
Total assets | CN¥459.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CICO.F's short term assets (CN¥196.6B) exceed its short term liabilities (CN¥125.0B).
Long Term Liabilities: CICO.F's short term assets (CN¥196.6B) exceed its long term liabilities (CN¥84.4B).
Debt to Equity History and Analysis
Debt Level: CICO.F has more cash than its total debt.
Reducing Debt: CICO.F's debt to equity ratio has reduced from 206.8% to 18.3% over the past 5 years.
Debt Coverage: CICO.F's debt is well covered by operating cash flow (55.3%).
Interest Coverage: CICO.F earns more interest than it pays, so coverage of interest payments is not a concern.