M-Grass Ecology And Environment (Group) Balance Sheet Health
Financial Health criteria checks 3/6
M-Grass Ecology And Environment (Group) has a total shareholder equity of CN¥5.9B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are CN¥15.6B and CN¥9.7B respectively.
Key information
99.9%
Debt to equity ratio
CN¥5.93b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥891.79m |
| Equity | CN¥5.94b |
| Total liabilities | CN¥9.69b |
| Total assets | CN¥15.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300355's short term assets (CN¥7.3B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: 300355's short term assets (CN¥7.3B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 300355's net debt to equity ratio (84.8%) is considered high.
Reducing Debt: 300355's debt to equity ratio has reduced from 116.9% to 99.9% over the past 5 years.
Debt Coverage: 300355's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: Insufficient data to determine if 300355's interest payments on its debt are well covered by EBIT.