Anhui Zhonghuan Environmental Protection TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
Anhui Zhonghuan Environmental Protection TechnologyLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 132.9%. Its total assets and total liabilities are CN¥7.0B and CN¥4.5B respectively. Anhui Zhonghuan Environmental Protection TechnologyLtd's EBIT is CN¥232.3M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥468.7M.
Key information
132.9%
Debt to equity ratio
CN¥3.31b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥468.70m |
| Equity | CN¥2.49b |
| Total liabilities | CN¥4.47b |
| Total assets | CN¥6.96b |
Financial Position Analysis
Short Term Liabilities: 300692's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300692's short term assets (CN¥1.9B) do not cover its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 300692's net debt to equity ratio (114.1%) is considered high.
Reducing Debt: 300692's debt to equity ratio has increased from 73.7% to 132.9% over the past 5 years.
Debt Coverage: 300692's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 300692's interest payments on its debt are not well covered by EBIT (1.7x coverage).