Science Environmental Protection Balance Sheet Health
Financial Health criteria checks 6/6
Science Environmental Protection has a total shareholder equity of CN¥1.0B and total debt of CN¥49.9M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are CN¥1.6B and CN¥542.2M respectively. Science Environmental Protection's EBIT is CN¥106.0M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥399.3M.
Key information
4.8%
Debt to equity ratio
CN¥49.90m
Debt
Interest coverage ratio | -1.4x |
Cash | CN¥399.33m |
Equity | CN¥1.05b |
Total liabilities | CN¥542.22m |
Total assets | CN¥1.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688480's short term assets (CN¥999.6M) exceed its short term liabilities (CN¥450.7M).
Long Term Liabilities: 688480's short term assets (CN¥999.6M) exceed its long term liabilities (CN¥91.5M).
Debt to Equity History and Analysis
Debt Level: 688480 has more cash than its total debt.
Reducing Debt: 688480's debt to equity ratio has reduced from 25.2% to 4.8% over the past 5 years.
Debt Coverage: 688480's debt is well covered by operating cash flow (50.9%).
Interest Coverage: 688480 earns more interest than it pays, so coverage of interest payments is not a concern.