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¥7.9B and total debt of CN¥11.7B, which brings its debt-to-equity ratio to 148.1%. Its total assets and total liabilities are CN¥25.6B and CN¥17.7B respectively. Beijing SPC Environment Protection Tech's EBIT is CN¥391.6M making its interest coverage ratio 11.7. It has cash and short-term investments of CN¥1.0B.
Key information
148.1%
Debt to equity ratio
CN¥11.67b
Debt
| Interest coverage ratio | 11.7x |
| Cash | CN¥1.02b |
| Equity | CN¥7.88b |
| Total liabilities | CN¥17.67b |
| Total assets | CN¥25.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002573's short term assets (CN¥10.4B) do not cover its short term liabilities (CN¥10.4B).
Long Term Liabilities: 002573's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: 002573's net debt to equity ratio (135.2%) is considered high.
Reducing Debt: 002573's debt to equity ratio has increased from 63.2% to 148.1% over the past 5 years.
Debt Coverage: 002573's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: 002573's interest payments on its debt are well covered by EBIT (11.7x coverage).