Anhui Chaoyue Environmental Protection Technology Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Chaoyue Environmental Protection Technology has a total shareholder equity of CN¥769.9M and total debt of CN¥185.5M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥1.2B and CN¥478.1M respectively.
Key information
24.1%
Debt to equity ratio
CN¥185.45m
Debt
Interest coverage ratio | n/a |
Cash | CN¥67.74m |
Equity | CN¥769.93m |
Total liabilities | CN¥478.11m |
Total assets | CN¥1.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301049's short term assets (CN¥322.0M) exceed its short term liabilities (CN¥264.2M).
Long Term Liabilities: 301049's short term assets (CN¥322.0M) exceed its long term liabilities (CN¥213.9M).
Debt to Equity History and Analysis
Debt Level: 301049's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 301049's debt to equity ratio has increased from 4.7% to 24.1% over the past 5 years.
Debt Coverage: 301049's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: Insufficient data to determine if 301049's interest payments on its debt are well covered by EBIT.