Beijing SPC Environment Protection Tech Balance Sheet Health
Financial Health criteria checks 1/6
Beijing SPC Environment Protection Tech has a total shareholder equity of CN¥7.8B and total debt of CN¥11.9B, which brings its debt-to-equity ratio to 152.2%. Its total assets and total liabilities are CN¥25.6B and CN¥17.8B respectively. Beijing SPC Environment Protection Tech's EBIT is CN¥394.1M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥1.2B.
Key information
152.2%
Debt to equity ratio
CN¥11.92b
Debt
| Interest coverage ratio | 1.2x |
| Cash | CN¥1.17b |
| Equity | CN¥7.83b |
| Total liabilities | CN¥17.76b |
| Total assets | CN¥25.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002573's short term assets (CN¥10.5B) do not cover its short term liabilities (CN¥10.7B).
Long Term Liabilities: 002573's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥7.1B).
Debt to Equity History and Analysis
Debt Level: 002573's net debt to equity ratio (137.2%) is considered high.
Reducing Debt: 002573's debt to equity ratio has increased from 59.8% to 152.2% over the past 5 years.
Debt Coverage: 002573's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 002573's interest payments on its debt are not well covered by EBIT (1.2x coverage).