Central Plains Environment ProtectionLtd Balance Sheet Health
Financial Health criteria checks 1/6
Central Plains Environment ProtectionLtd has a total shareholder equity of CN¥9.3B and total debt of CN¥21.1B, which brings its debt-to-equity ratio to 227.3%. Its total assets and total liabilities are CN¥37.4B and CN¥28.1B 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¥1.7B.
Key information
227.3%
Debt to equity ratio
CN¥21.13b
Debt
Interest coverage ratio | 2.4x |
Cash | CN¥1.71b |
Equity | CN¥9.29b |
Total liabilities | CN¥28.13b |
Total assets | CN¥37.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000544's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 000544's short term assets (CN¥7.0B) do not cover its long term liabilities (CN¥22.6B).
Debt to Equity History and Analysis
Debt Level: 000544's net debt to equity ratio (208.9%) is considered high.
Reducing Debt: 000544's debt to equity ratio has increased from 31.3% to 227.3% 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).