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¥22.4B, which brings its debt-to-equity ratio to 241.1%. 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
241.1%
Debt to equity ratio
CN¥22.41b
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
Recent updates
Is Central Plains Environment ProtectionLtd (SZSE:000544) A Risky Investment?
Jul 18
Central 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¥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 (222.7%) is considered high.
Reducing Debt: 000544's debt to equity ratio has increased from 31.3% to 241.1% 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).