Chengbang Eco-EnvironmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Chengbang Eco-EnvironmentLtd has a total shareholder equity of CN¥770.7M and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 162.5%. Its total assets and total liabilities are CN¥2.7B and CN¥2.0B respectively.
Key information
162.5%
Debt to equity ratio
CN¥1.25b
Debt
Interest coverage ratio | n/a |
Cash | CN¥74.89m |
Equity | CN¥770.68m |
Total liabilities | CN¥1.95b |
Total assets | CN¥2.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603316's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥952.2M).
Long Term Liabilities: 603316's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥999.4M).
Debt to Equity History and Analysis
Debt Level: 603316's net debt to equity ratio (152.8%) is considered high.
Reducing Debt: 603316's debt to equity ratio has increased from 57.4% to 162.5% over the past 5 years.
Debt Coverage: 603316's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: Insufficient data to determine if 603316's interest payments on its debt are well covered by EBIT.