Beijing GeoEnviron Engineering & Technology Balance Sheet Health
Financial Health criteria checks 3/6
Beijing GeoEnviron Engineering & Technology has a total shareholder equity of CN¥10.3B and total debt of CN¥12.2B, which brings its debt-to-equity ratio to 118.6%. Its total assets and total liabilities are CN¥27.0B and CN¥16.7B respectively. Beijing GeoEnviron Engineering & Technology's EBIT is CN¥925.9M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥1.8B.
Key information
118.6%
Debt to equity ratio
CN¥12.21b
Debt
Interest coverage ratio | 2.9x |
Cash | CN¥1.78b |
Equity | CN¥10.30b |
Total liabilities | CN¥16.74b |
Total assets | CN¥27.04b |
Recent financial health updates
Recent updates
Beijing GeoEnviron Engineering & Technology (SHSE:603588) Use Of Debt Could Be Considered Risky
Aug 09Beijing GeoEnviron Engineering & Technology (SHSE:603588) May Have Issues Allocating Its Capital
May 30At CN¥6.59, Is It Time To Put Beijing GeoEnviron Engineering & Technology, Inc. (SHSE:603588) On Your Watch List?
Apr 22Market Still Lacking Some Conviction On Beijing GeoEnviron Engineering & Technology, Inc. (SHSE:603588)
Mar 17Beijing GeoEnviron Engineering & Technology (SHSE:603588) May Have Issues Allocating Its Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 603588's short term assets (CN¥13.3B) exceed its short term liabilities (CN¥11.0B).
Long Term Liabilities: 603588's short term assets (CN¥13.3B) exceed its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 603588's net debt to equity ratio (101.2%) is considered high.
Reducing Debt: 603588's debt to equity ratio has reduced from 127% to 118.6% over the past 5 years.
Debt Coverage: 603588's debt is not well covered by operating cash flow (0.1%).
Interest Coverage: 603588's interest payments on its debt are not well covered by EBIT (2.9x coverage).