BCEG Environmental Remediation Balance Sheet Health
Financial Health criteria checks 5/6
BCEG Environmental Remediation has a total shareholder equity of CN¥1.4B and total debt of CN¥108.5M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥3.1B and CN¥1.6B respectively. BCEG Environmental Remediation's EBIT is CN¥18.5M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥247.7M.
Key information
7.6%
Debt to equity ratio
CN¥108.52m
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥247.66m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥1.63b |
| Total assets | CN¥3.06b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Willing To Look Past BCEG Environmental Remediation's (SZSE:300958) Soft Earnings
Nov 01
BCEG Environmental Remediation (SZSE:300958) Is Reinvesting At Lower Rates Of Return
Sep 27BCEG Environmental Remediation (SZSE:300958) Will Pay A Smaller Dividend Than Last Year
Jun 30Some May Be Optimistic About BCEG Environmental Remediation's (SZSE:300958) Earnings
Apr 26Earnings Working Against BCEG Environmental Remediation Co., Ltd.'s (SZSE:300958) Share Price
Feb 27Financial Position Analysis
Short Term Liabilities: 300958's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300958's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥48.3M).
Debt to Equity History and Analysis
Debt Level: 300958 has more cash than its total debt.
Reducing Debt: 300958's debt to equity ratio has reduced from 33.9% to 7.6% over the past 5 years.
Debt Coverage: 300958's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300958 earns more interest than it pays, so coverage of interest payments is not a concern.