Hunan Junxin Environmental Protection Balance Sheet Health
Financial Health criteria checks 5/6
Hunan Junxin Environmental Protection has a total shareholder equity of CN¥5.9B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are CN¥10.1B and CN¥4.2B respectively. Hunan Junxin Environmental Protection's EBIT is CN¥792.4M making its interest coverage ratio 10.3. It has cash and short-term investments of CN¥1.8B.
Key information
48.6%
Debt to equity ratio
CN¥2.87b
Debt
| Interest coverage ratio | 10.3x |
| Cash | CN¥1.82b |
| Equity | CN¥5.90b |
| Total liabilities | CN¥4.25b |
| Total assets | CN¥10.15b |
Recent financial health updates
We Think Hunan Junxin Environmental Protection (SZSE:301109) Can Stay On Top Of Its Debt
Oct 29
Hunan Junxin Environmental Protection (SZSE:301109) Has A Pretty Healthy Balance Sheet
Jun 07Recent updates
We Think Hunan Junxin Environmental Protection (SZSE:301109) Can Stay On Top Of Its Debt
Oct 29There Are Reasons To Feel Uneasy About Hunan Junxin Environmental Protection's (SZSE:301109) Returns On Capital
Sep 28Hunan Junxin Environmental Protection Co., Ltd.'s (SZSE:301109) Price Is Right But Growth Is Lacking
Aug 23Estimating The Intrinsic Value Of Hunan Junxin Environmental Protection Co., Ltd. (SZSE:301109)
Jun 28Hunan Junxin Environmental Protection (SZSE:301109) Has A Pretty Healthy Balance Sheet
Jun 07The Returns On Capital At Hunan Junxin Environmental Protection (SZSE:301109) Don't Inspire Confidence
Apr 03Financial Position Analysis
Short Term Liabilities: 301109's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥976.3M).
Long Term Liabilities: 301109's short term assets (CN¥3.0B) do not cover its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 301109's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: 301109's debt to equity ratio has reduced from 104.3% to 48.6% over the past 5 years.
Debt Coverage: 301109's debt is well covered by operating cash flow (32.3%).
Interest Coverage: 301109's interest payments on its debt are well covered by EBIT (10.3x coverage).