Guangdong Shenling Environmental Systems Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Shenling Environmental Systems has a total shareholder equity of CN¥2.5B and total debt of CN¥818.3M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are CN¥4.8B and CN¥2.2B respectively. Guangdong Shenling Environmental Systems's EBIT is CN¥142.5M making its interest coverage ratio 14.2. It has cash and short-term investments of CN¥501.2M.
Key information
32.5%
Debt to equity ratio
CN¥818.35m
Debt
Interest coverage ratio | 14.2x |
Cash | CN¥501.18m |
Equity | CN¥2.52b |
Total liabilities | CN¥2.25b |
Total assets | CN¥4.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301018's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 301018's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥801.5M).
Debt to Equity History and Analysis
Debt Level: 301018's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: 301018's debt to equity ratio has reduced from 35% to 32.5% over the past 5 years.
Debt Coverage: 301018's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 301018's interest payments on its debt are well covered by EBIT (14.2x coverage).