Guangdong Shenling Environmental Systems Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Shenling Environmental Systems has a total shareholder equity of CN¥2.5B and total debt of CN¥788.6M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are CN¥4.8B and CN¥2.3B respectively. Guangdong Shenling Environmental Systems's EBIT is CN¥137.7M making its interest coverage ratio 12.9. It has cash and short-term investments of CN¥533.5M.
Key information
31.9%
Debt to equity ratio
CN¥788.65m
Debt
Interest coverage ratio | 12.9x |
Cash | CN¥533.53m |
Equity | CN¥2.47b |
Total liabilities | CN¥2.30b |
Total assets | CN¥4.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301018's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 301018's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥715.5M).
Debt to Equity History and Analysis
Debt Level: 301018's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 301018's debt to equity ratio has increased from 31.7% to 31.9% over the past 5 years.
Debt Coverage: 301018's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: 301018's interest payments on its debt are well covered by EBIT (12.9x coverage).