Dongzhu Ecological Environment Protection Balance Sheet Health
Financial Health criteria checks 4/6
Dongzhu Ecological Environment Protection has a total shareholder equity of CN¥3.4B and total debt of CN¥667.1M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are CN¥8.1B and CN¥4.7B respectively. Dongzhu Ecological Environment Protection's EBIT is CN¥88.1M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥381.7M.
Key information
19.7%
Debt to equity ratio
CN¥667.11m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥381.68m |
Equity | CN¥3.38b |
Total liabilities | CN¥4.68b |
Total assets | CN¥8.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603359's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 603359's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥105.9M).
Debt to Equity History and Analysis
Debt Level: 603359's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 603359's debt to equity ratio has increased from 0% to 19.7% over the past 5 years.
Debt Coverage: 603359's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603359 earns more interest than it pays, so coverage of interest payments is not a concern.