CECEP Techand Ecology&EnvironmentLtd Balance Sheet Health
Financial Health criteria checks 3/6
CECEP Techand Ecology&EnvironmentLtd has a total shareholder equity of CN¥5.6B and total debt of CN¥15.6B, which brings its debt-to-equity ratio to 278.7%. Its total assets and total liabilities are CN¥29.2B and CN¥23.6B respectively.
Key information
278.7%
Debt to equity ratio
CN¥15.62b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.01b |
| Equity | CN¥5.61b |
| Total liabilities | CN¥23.64b |
| Total assets | CN¥29.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300197's short term assets (CN¥10.5B) do not cover its short term liabilities (CN¥16.1B).
Long Term Liabilities: 300197's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥7.5B).
Debt to Equity History and Analysis
Debt Level: 300197's net debt to equity ratio (242.8%) is considered high.
Reducing Debt: 300197's debt to equity ratio has increased from 143.2% to 278.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 300197 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300197 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.8% per year.