Wuhan Tianyuan Environmental ProtectionLTD Balance Sheet Health
Financial Health criteria checks 4/6
Wuhan Tianyuan Environmental ProtectionLTD has a total shareholder equity of CN¥2.7B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 76.5%. Its total assets and total liabilities are CN¥6.1B and CN¥3.4B respectively. Wuhan Tianyuan Environmental ProtectionLTD's EBIT is CN¥452.5M making its interest coverage ratio 47.5. It has cash and short-term investments of CN¥1.5B.
Key information
76.5%
Debt to equity ratio
CN¥2.08b
Debt
| Interest coverage ratio | 47.5x |
| Cash | CN¥1.52b |
| Equity | CN¥2.72b |
| Total liabilities | CN¥3.40b |
| Total assets | CN¥6.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301127's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 301127's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 301127's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 301127's debt to equity ratio has increased from 26.6% to 76.5% 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 (47.5x coverage).