Cec Environmental ProtectionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Cec Environmental ProtectionLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥258.5M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are CN¥2.9B and CN¥1.0B respectively. Cec Environmental ProtectionLtd's EBIT is CN¥88.2M making its interest coverage ratio 703.7. It has cash and short-term investments of CN¥608.8M.
Key information
13.6%
Debt to equity ratio
CN¥258.52m
Debt
Interest coverage ratio | 703.7x |
Cash | CN¥608.81m |
Equity | CN¥1.89b |
Total liabilities | CN¥1.04b |
Total assets | CN¥2.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300172's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥801.8M).
Long Term Liabilities: 300172's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥242.8M).
Debt to Equity History and Analysis
Debt Level: 300172 has more cash than its total debt.
Reducing Debt: 300172's debt to equity ratio has reduced from 17% to 13.6% over the past 5 years.
Debt Coverage: 300172's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300172's interest payments on its debt are well covered by EBIT (703.7x coverage).