Central Plains Environment ProtectionLtd Balance Sheet Health
Financial Health criteria checks 1/6
Central Plains Environment ProtectionLtd has a total shareholder equity of CN¥10.4B and total debt of CN¥22.2B, which brings its debt-to-equity ratio to 213.7%. Its total assets and total liabilities are CN¥38.5B and CN¥28.1B respectively. Central Plains Environment ProtectionLtd's EBIT is CN¥1.8B making its interest coverage ratio 2.4. It has cash and short-term investments of CN¥1.8B.
Key information
213.7%
Debt to equity ratio
CN¥22.23b
Debt
| Interest coverage ratio | 2.4x |
| Cash | CN¥1.81b |
| Equity | CN¥10.40b |
| Total liabilities | CN¥28.14b |
| Total assets | CN¥38.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000544's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥6.3B).
Long Term Liabilities: 000544's short term assets (CN¥8.6B) do not cover its long term liabilities (CN¥21.9B).
Debt to Equity History and Analysis
Debt Level: 000544's net debt to equity ratio (196.4%) is considered high.
Reducing Debt: 000544's debt to equity ratio has increased from 40.4% to 213.7% over the past 5 years.
Debt Coverage: 000544's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000544's interest payments on its debt are not well covered by EBIT (2.4x coverage).