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¥2.7B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are CN¥9.8B and CN¥3.9B respectively. Hunan Junxin Environmental Protection's EBIT is CN¥798.1M making its interest coverage ratio -40.6. It has cash and short-term investments of CN¥1.9B.
Key information
45.3%
Debt to equity ratio
CN¥2.67b
Debt
Interest coverage ratio | -40.6x |
Cash | CN¥1.86b |
Equity | CN¥5.89b |
Total liabilities | CN¥3.92b |
Total assets | CN¥9.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301109's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥913.8M).
Long Term Liabilities: 301109's short term assets (CN¥2.9B) do not cover its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 301109's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: 301109's debt to equity ratio has reduced from 109.7% to 45.3% over the past 5 years.
Debt Coverage: 301109's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 301109 earns more interest than it pays, so coverage of interest payments is not a concern.