CECEP Environmental Protection Balance Sheet Health
Financial Health criteria checks 3/6
CECEP Environmental Protection has a total shareholder equity of CN¥13.5B and total debt of CN¥10.4B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are CN¥34.3B and CN¥20.8B respectively. CECEP Environmental Protection's EBIT is CN¥1.5B making its interest coverage ratio 14. It has cash and short-term investments of CN¥5.6B.
Key information
77.0%
Debt to equity ratio
CN¥10.43b
Debt
Interest coverage ratio | 14x |
Cash | CN¥5.60b |
Equity | CN¥13.54b |
Total liabilities | CN¥20.80b |
Total assets | CN¥34.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300140's short term assets (CN¥12.1B) exceed its short term liabilities (CN¥7.7B).
Long Term Liabilities: 300140's short term assets (CN¥12.1B) do not cover its long term liabilities (CN¥13.1B).
Debt to Equity History and Analysis
Debt Level: 300140's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: 300140's debt to equity ratio has increased from 51.2% to 77% over the past 5 years.
Debt Coverage: 300140's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 300140's interest payments on its debt are well covered by EBIT (14x coverage).