Qingdao Port International Balance Sheet Health
Financial Health criteria checks 6/6
Qingdao Port International has a total shareholder equity of CN¥45.1B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CN¥61.9B and CN¥16.8B respectively. Qingdao Port International's EBIT is CN¥5.1B making its interest coverage ratio -3.2. It has cash and short-term investments of CN¥11.6B.
Key information
5.4%
Debt to equity ratio
CN¥2.45b
Debt
| Interest coverage ratio | -3.2x |
| Cash | CN¥11.56b |
| Equity | CN¥45.11b |
| Total liabilities | CN¥16.84b |
| Total assets | CN¥61.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QNDP.F's short term assets (CN¥15.9B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: QNDP.F's short term assets (CN¥15.9B) exceed its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: QNDP.F has more cash than its total debt.
Reducing Debt: QNDP.F's debt to equity ratio has reduced from 8.8% to 5.4% over the past 5 years.
Debt Coverage: QNDP.F's debt is well covered by operating cash flow (197.3%).
Interest Coverage: QNDP.F earns more interest than it pays, so coverage of interest payments is not a concern.