Anhui Huaqi Environmental Protection & Technology Balance Sheet Health
Financial Health criteria checks 2/6
Anhui Huaqi Environmental Protection & Technology has a total shareholder equity of CN¥839.3M and total debt of CN¥589.0M, which brings its debt-to-equity ratio to 70.2%. Its total assets and total liabilities are CN¥1.8B and CN¥930.6M respectively.
Key information
70.2%
Debt to equity ratio
CN¥588.99m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥97.47m |
| Equity | CN¥839.33m |
| Total liabilities | CN¥930.62m |
| Total assets | CN¥1.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300929's short term assets (CN¥673.8M) exceed its short term liabilities (CN¥415.9M).
Long Term Liabilities: 300929's short term assets (CN¥673.8M) exceed its long term liabilities (CN¥514.8M).
Debt to Equity History and Analysis
Debt Level: 300929's net debt to equity ratio (58.6%) is considered high.
Reducing Debt: 300929's debt to equity ratio has increased from 62.3% to 70.2% over the past 5 years.
Debt Coverage: 300929's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300929's interest payments on its debt are well covered by EBIT.