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 135.1%. Its total assets and total liabilities are CN¥7.0B and CN¥4.6B respectively. Anhui Zhonghuan Environmental Protection TechnologyLtd's EBIT is CN¥246.0M making its interest coverage ratio 2. It has cash and short-term investments of CN¥577.7M.
Key information
135.1%
Debt to equity ratio
CN¥3.33b
Debt
Interest coverage ratio | 2x |
Cash | CN¥577.69m |
Equity | CN¥2.46b |
Total liabilities | CN¥4.56b |
Total assets | CN¥7.02b |
Recent financial health updates
No updates
Recent updates
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 (111.6%) is considered high.
Reducing Debt: 300692's debt to equity ratio has increased from 50.5% to 135.1% over the past 5 years.
Debt Coverage: 300692's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: 300692's interest payments on its debt are not well covered by EBIT (2x coverage).