Conch (Anhui) Energy Saving and Environment Protection New Material Balance Sheet Health
Financial Health criteria checks 3/6
Conch (Anhui) Energy Saving and Environment Protection New Material has a total shareholder equity of CN¥3.1B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are CN¥5.3B and CN¥2.3B respectively. Conch (Anhui) Energy Saving and Environment Protection New Material's EBIT is CN¥8.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥641.9M.
Key information
48.8%
Debt to equity ratio
CN¥1.50b
Debt
Interest coverage ratio | 0.2x |
Cash | CN¥641.90m |
Equity | CN¥3.06b |
Total liabilities | CN¥2.25b |
Total assets | CN¥5.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000619's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 000619's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥395.2M).
Debt to Equity History and Analysis
Debt Level: 000619's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: 000619's debt to equity ratio has increased from 29.9% to 48.8% over the past 5 years.
Debt Coverage: 000619's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 000619's interest payments on its debt are not well covered by EBIT (0.2x coverage).