CSD Water Service Balance Sheet Health
Financial Health criteria checks 3/6
CSD Water Service has a total shareholder equity of CN¥1.7B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are CN¥4.7B and CN¥2.9B respectively. CSD Water Service's EBIT is CN¥132.9M making its interest coverage ratio -0. It has cash and short-term investments of CN¥441.5M.
Key information
92.0%
Debt to equity ratio
CN¥1.60b
Debt
| Interest coverage ratio | -0.02x |
| Cash | CN¥441.50m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥2.91b |
| Total assets | CN¥4.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603903's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 603903's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥973.0M).
Debt to Equity History and Analysis
Debt Level: 603903's net debt to equity ratio (66.6%) is considered high.
Reducing Debt: 603903's debt to equity ratio has increased from 87.4% to 92% over the past 5 years.
Debt Coverage: 603903's debt is not well covered by operating cash flow (10%).
Interest Coverage: 603903 earns more interest than it pays, so coverage of interest payments is not a concern.