Shenzhen Envicool Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Envicool Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥576.7M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are CN¥5.1B and CN¥2.6B respectively. Shenzhen Envicool Technology's EBIT is CN¥491.9M making its interest coverage ratio 40.1. It has cash and short-term investments of CN¥865.2M.
Key information
23.2%
Debt to equity ratio
CN¥576.70m
Debt
Interest coverage ratio | 40.1x |
Cash | CN¥865.20m |
Equity | CN¥2.48b |
Total liabilities | CN¥2.61b |
Total assets | CN¥5.09b |
Recent financial health updates
Recent updates
Do Shenzhen Envicool Technology's (SZSE:002837) Earnings Warrant Your Attention?
Jul 29The Return Trends At Shenzhen Envicool Technology (SZSE:002837) Look Promising
Jun 25Shenzhen Envicool Technology's (SZSE:002837) Dividend Will Be Increased To CN¥0.20
May 22Shenzhen Envicool Technology Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 17Here's Why Shenzhen Envicool Technology (SZSE:002837) Can Manage Its Debt Responsibly
Mar 15Do Shenzhen Envicool Technology's (SZSE:002837) Earnings Warrant Your Attention?
Feb 29Financial Position Analysis
Short Term Liabilities: 002837's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 002837's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥209.5M).
Debt to Equity History and Analysis
Debt Level: 002837 has more cash than its total debt.
Reducing Debt: 002837's debt to equity ratio has reduced from 37.3% to 23.2% over the past 5 years.
Debt Coverage: 002837's debt is well covered by operating cash flow (98.2%).
Interest Coverage: 002837's interest payments on its debt are well covered by EBIT (40.1x coverage).