Central Plains Environment ProtectionLtd Balance Sheet Health
Financial Health criteria checks 1/6
Central Plains Environment ProtectionLtd has a total shareholder equity of CN¥10.7B and total debt of CN¥22.7B, which brings its debt-to-equity ratio to 211.7%. Its total assets and total liabilities are CN¥39.1B and CN¥28.4B respectively. Central Plains Environment ProtectionLtd's EBIT is CN¥1.8B making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥1.4B.
Key information
211.7%
Debt to equity ratio
CN¥22.72b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥1.43b |
| Equity | CN¥10.73b |
| Total liabilities | CN¥28.38b |
| Total assets | CN¥39.11b |
Recent financial health updates
Does Central Plains Environment ProtectionLtd (SZSE:000544) Have A Healthy Balance Sheet?
Nov 19
Is Central Plains Environment ProtectionLtd (SZSE:000544) A Risky Investment?
Jul 18Recent updates
Does Central Plains Environment ProtectionLtd (SZSE:000544) Have A Healthy Balance Sheet?
Nov 19Is Central Plains Environment ProtectionLtd (SZSE:000544) A Risky Investment?
Jul 18Central Plains Environment ProtectionLtd (SZSE:000544) Is Paying Out A Larger Dividend Than Last Year
Jun 12Central Plains Environment Protection Co.,Ltd.'s (SZSE:000544) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
May 22Financial Position Analysis
Short Term Liabilities: 000544's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 000544's short term assets (CN¥9.1B) do not cover its long term liabilities (CN¥21.6B).
Debt to Equity History and Analysis
Debt Level: 000544's net debt to equity ratio (198.5%) is considered high.
Reducing Debt: 000544's debt to equity ratio has increased from 52.5% to 211.7% over the past 5 years.
Debt Coverage: 000544's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000544's interest payments on its debt are not well covered by EBIT (2.4x coverage).