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
Recent updates
Financial Position Analysis
Short Term Liabilities: CSCM.Y's short term assets (SGD104.6M) exceed its short term liabilities (SGD80.7M).
Long Term Liabilities: CSCM.Y's short term assets (SGD104.6M) do not cover its long term liabilities (SGD266.7M).
Debt to Equity History and Analysis
Debt Level: CSCM.Y's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: CSCM.Y's debt to equity ratio has reduced from 35.9% to 34.4% over the past 5 years.
Debt Coverage: CSCM.Y's debt is well covered by operating cash flow (25.7%).
Interest Coverage: CSCM.Y's interest payments on its debt are not well covered by EBIT (0.8x coverage).