Infore Environment Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Infore Environment Technology Group has a total shareholder equity of CN¥18.0B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are CN¥29.6B and CN¥11.6B respectively. Infore Environment Technology Group's EBIT is CN¥947.0M making its interest coverage ratio 14.4. It has cash and short-term investments of CN¥4.1B.
Key information
21.6%
Debt to equity ratio
CN¥3.89b
Debt
| Interest coverage ratio | 14.4x |
| Cash | CN¥4.06b |
| Equity | CN¥18.01b |
| Total liabilities | CN¥11.56b |
| Total assets | CN¥29.57b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000967's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 000967's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: 000967 has more cash than its total debt.
Reducing Debt: 000967's debt to equity ratio has reduced from 36% to 21.6% over the past 5 years.
Debt Coverage: 000967's debt is well covered by operating cash flow (46.8%).
Interest Coverage: 000967's interest payments on its debt are well covered by EBIT (14.4x coverage).