Beijing SPC Environment Protection Tech Balance Sheet Health
Financial Health criteria checks 2/6
Beijing SPC Environment Protection Tech has a total shareholder equity of CN¥7.8B and total debt of CN¥11.2B, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are CN¥23.6B and CN¥15.8B respectively. Beijing SPC Environment Protection Tech's EBIT is CN¥833.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥882.0M.
Key information
142.7%
Debt to equity ratio
CN¥11.17b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥881.98m |
| Equity | CN¥7.83b |
| Total liabilities | CN¥15.76b |
| Total assets | CN¥23.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002573's short term assets (CN¥9.6B) exceed its short term liabilities (CN¥8.0B).
Long Term Liabilities: 002573's short term assets (CN¥9.6B) exceed its long term liabilities (CN¥7.8B).
Debt to Equity History and Analysis
Debt Level: 002573's net debt to equity ratio (131.5%) is considered high.
Reducing Debt: 002573's debt to equity ratio has increased from 66.8% to 142.7% over the past 5 years.
Debt Coverage: 002573's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 002573's interest payments on its debt are not well covered by EBIT (2.3x coverage).