Beijing China Sciences Runyu Environmental Technology Balance Sheet Health
Financial Health criteria checks 4/6
Beijing China Sciences Runyu Environmental Technology has a total shareholder equity of CN¥3.7B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are CN¥7.2B and CN¥3.5B respectively. Beijing China Sciences Runyu Environmental Technology's EBIT is CN¥391.8M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥992.4M.
Key information
60.0%
Debt to equity ratio
CN¥2.22b
Debt
Interest coverage ratio | 7.3x |
Cash | CN¥992.38m |
Equity | CN¥3.70b |
Total liabilities | CN¥3.45b |
Total assets | CN¥7.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301175's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 301175's short term assets (CN¥1.9B) do not cover its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 301175's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: 301175's debt to equity ratio has reduced from 104.4% to 60% over the past 5 years.
Debt Coverage: 301175's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 301175's interest payments on its debt are well covered by EBIT (7.3x coverage).