Wuhan Tianyuan Environmental ProtectionLTD Balance Sheet Health
Financial Health criteria checks 4/6
Wuhan Tianyuan Environmental ProtectionLTD has a total shareholder equity of CN¥2.6B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are CN¥5.1B and CN¥2.5B respectively. Wuhan Tianyuan Environmental ProtectionLTD's EBIT is CN¥280.5M making its interest coverage ratio -58.3. It has cash and short-term investments of CN¥2.0B.
Key information
61.7%
Debt to equity ratio
CN¥1.58b
Debt
Interest coverage ratio | -58.3x |
Cash | CN¥1.95b |
Equity | CN¥2.57b |
Total liabilities | CN¥2.50b |
Total assets | CN¥5.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301127's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥854.3M).
Long Term Liabilities: 301127's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 301127 has more cash than its total debt.
Reducing Debt: 301127's debt to equity ratio has increased from 14.7% to 61.7% over the past 5 years.
Debt Coverage: 301127's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: 301127 earns more interest than it pays, so coverage of interest payments is not a concern.