CECEP Guozhen Environmental Protection Technology Balance Sheet Health
Financial Health criteria checks 0/6
CECEP Guozhen Environmental Protection Technology has a total shareholder equity of CN¥4.6B and total debt of CN¥8.7B, which brings its debt-to-equity ratio to 191.3%. Its total assets and total liabilities are CN¥16.1B and CN¥11.5B respectively. CECEP Guozhen Environmental Protection Technology's EBIT is CN¥724.6M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥930.7M.
Key information
191.3%
Debt to equity ratio
CN¥8.72b
Debt
| Interest coverage ratio | 2.9x |
| Cash | CN¥930.65m |
| Equity | CN¥4.56b |
| Total liabilities | CN¥11.50b |
| Total assets | CN¥16.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300388's short term assets (CN¥5.5B) do not cover its short term liabilities (CN¥5.9B).
Long Term Liabilities: 300388's short term assets (CN¥5.5B) do not cover its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 300388's net debt to equity ratio (170.8%) is considered high.
Reducing Debt: 300388's debt to equity ratio has increased from 190% to 191.3% over the past 5 years.
Debt Coverage: 300388's debt is not well covered by operating cash flow (5%).
Interest Coverage: 300388's interest payments on its debt are not well covered by EBIT (2.9x coverage).