Hangzhou Guotai Environmental Protection TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hangzhou Guotai Environmental Protection TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥1.4M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.5B and CN¥52.1M respectively. Hangzhou Guotai Environmental Protection TechnologyLtd's EBIT is CN¥125.0M making its interest coverage ratio -5. It has cash and short-term investments of CN¥993.0M.
Key information
0.1%
Debt to equity ratio
CN¥1.38m
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥993.01m |
| Equity | CN¥1.43b |
| Total liabilities | CN¥52.11m |
| Total assets | CN¥1.48b |
Financial Position Analysis
Short Term Liabilities: 301203's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥51.6M).
Long Term Liabilities: 301203's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥553.0K).
Debt to Equity History and Analysis
Debt Level: 301203 has more cash than its total debt.
Reducing Debt: 301203's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 301203's debt is well covered by operating cash flow (7910.9%).
Interest Coverage: 301203 earns more interest than it pays, so coverage of interest payments is not a concern.