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¥2.1M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.5B and CN¥59.4M respectively. Hangzhou Guotai Environmental Protection TechnologyLtd's EBIT is CN¥135.3M making its interest coverage ratio -11067.9. It has cash and short-term investments of CN¥1.1B.
Key information
0.1%
Debt to equity ratio
CN¥2.13m
Debt
Interest coverage ratio | -11067.9x |
Cash | CN¥1.08b |
Equity | CN¥1.45b |
Total liabilities | CN¥59.39m |
Total assets | CN¥1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301203's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥58.1M).
Long Term Liabilities: 301203's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥1.3M).
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 (8064.4%).
Interest Coverage: 301203 earns more interest than it pays, so coverage of interest payments is not a concern.