Wuhan Tianyuan Environmental ProtectionLTD Balance Sheet Health
Financial Health criteria checks 4/6
Wuhan Tianyuan Environmental ProtectionLTD has a total shareholder equity of CN¥2.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are CN¥6.3B and CN¥3.5B respectively. Wuhan Tianyuan Environmental ProtectionLTD's EBIT is CN¥404.8M making its interest coverage ratio 8.7. It has cash and short-term investments of CN¥1.3B.
Key information
75.3%
Debt to equity ratio
CN¥2.13b
Debt
| Interest coverage ratio | 8.7x |
| Cash | CN¥1.31b |
| Equity | CN¥2.82b |
| Total liabilities | CN¥3.49b |
| Total assets | CN¥6.31b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Wuhan Tianyuan Environmental ProtectionLTD (SZSE:301127) Is Using Debt Reasonably Well
Oct 27
Wuhan Tianyuan Environmental Protection Co.,LTD's (SZSE:301127) Share Price Boosted 40% But Its Business Prospects Need A Lift Too
Oct 08Do Wuhan Tianyuan Environmental ProtectionLTD's (SZSE:301127) Earnings Warrant Your Attention?
Sep 30Wuhan Tianyuan Environmental ProtectionLTD's (SZSE:301127) Solid Earnings May Rest On Weak Foundations
Aug 26Little Excitement Around Wuhan Tianyuan Environmental Protection Co.,LTD's (SZSE:301127) Earnings
Aug 14Financial Position Analysis
Short Term Liabilities: 301127's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 301127's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 301127's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: 301127's debt to equity ratio has increased from 31.1% to 75.3% over the past 5 years.
Debt Coverage: 301127's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301127's interest payments on its debt are well covered by EBIT (8.7x coverage).