CECEP Environmental Protection Balance Sheet Health
Financial Health criteria checks 1/6
CECEP Environmental Protection has a total shareholder equity of CN¥14.2B and total debt of CN¥12.3B, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are CN¥31.2B and CN¥17.0B respectively. CECEP Environmental Protection's EBIT is CN¥1.3B making its interest coverage ratio 3. It has cash and short-term investments of CN¥2.6B.
Key information
86.1%
Debt to equity ratio
CN¥12.26b
Debt
| Interest coverage ratio | 3x |
| Cash | CN¥2.63b |
| Equity | CN¥14.23b |
| Total liabilities | CN¥16.99b |
| Total assets | CN¥31.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300140's short term assets (CN¥9.7B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 300140's short term assets (CN¥9.7B) do not cover its long term liabilities (CN¥12.3B).
Debt to Equity History and Analysis
Debt Level: 300140's net debt to equity ratio (67.7%) is considered high.
Reducing Debt: 300140's debt to equity ratio has increased from 77.1% to 86.1% over the past 5 years.
Debt Coverage: 300140's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: 300140's interest payments on its debt are not well covered by EBIT (3x coverage).