Penyao Environmental Protection Balance Sheet Health
Financial Health criteria checks 5/6
Penyao Environmental Protection has a total shareholder equity of CN¥4.4B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are CN¥8.0B and CN¥3.5B respectively. Penyao Environmental Protection's EBIT is CN¥426.4M making its interest coverage ratio -11.3. It has cash and short-term investments of CN¥445.5M.
Key information
40.7%
Debt to equity ratio
CN¥1.81b
Debt
Interest coverage ratio | -11.3x |
Cash | CN¥445.50m |
Equity | CN¥4.44b |
Total liabilities | CN¥3.54b |
Total assets | CN¥7.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300664's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 300664's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300664's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: 300664's debt to equity ratio has reduced from 43.1% to 40.7% over the past 5 years.
Debt Coverage: 300664's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 300664 earns more interest than it pays, so coverage of interest payments is not a concern.