Shanghai Conglin Environmental Protection Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Conglin Environmental Protection Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥305.6M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are CN¥3.3B and CN¥624.3M respectively. Shanghai Conglin Environmental Protection Technology's EBIT is CN¥51.7M making its interest coverage ratio 72. It has cash and short-term investments of CN¥1.5B.
Key information
11.4%
Debt to equity ratio
CN¥305.59m
Debt
Interest coverage ratio | 72x |
Cash | CN¥1.50b |
Equity | CN¥2.69b |
Total liabilities | CN¥624.27m |
Total assets | CN¥3.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688370's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥444.8M).
Long Term Liabilities: 688370's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥179.5M).
Debt to Equity History and Analysis
Debt Level: 688370 has more cash than its total debt.
Reducing Debt: 688370's debt to equity ratio has reduced from 17.5% to 11.4% over the past 5 years.
Debt Coverage: 688370's debt is well covered by operating cash flow (72.1%).
Interest Coverage: 688370's interest payments on its debt are well covered by EBIT (72x coverage).