Jinhui Shipping and Transportation Balance Sheet Health
Financial Health criteria checks 6/6
Jinhui Shipping and Transportation has a total shareholder equity of $459.6M and total debt of $76.7M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are $605.9M and $146.3M respectively. Jinhui Shipping and Transportation's EBIT is $76.1M making its interest coverage ratio -45.4. It has cash and short-term investments of $70.9M.
Key information
16.7%
Debt to equity ratio
US$76.68m
Debt
Interest coverage ratio | -45.4x |
Cash | US$70.91m |
Equity | US$459.58m |
Total liabilities | US$146.33m |
Total assets | US$605.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JNST.F's short term assets ($117.4M) exceed its short term liabilities ($72.9M).
Long Term Liabilities: JNST.F's short term assets ($117.4M) exceed its long term liabilities ($73.4M).
Debt to Equity History and Analysis
Debt Level: JNST.F's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: JNST.F's debt to equity ratio has reduced from 67.1% to 16.7% over the past 5 years.
Debt Coverage: JNST.F's debt is well covered by operating cash flow (138%).
Interest Coverage: JNST.F earns more interest than it pays, so coverage of interest payments is not a concern.