M-Grass Ecology And Environment (Group) Balance Sheet Health
Financial Health criteria checks 5/6
M-Grass Ecology And Environment (Group) has a total shareholder equity of CN¥5.9B and total debt of CN¥6.2B, which brings its debt-to-equity ratio to 104.6%. Its total assets and total liabilities are CN¥15.4B and CN¥9.5B respectively. M-Grass Ecology And Environment (Group)'s EBIT is CN¥204.4M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥1.2B.
Key information
104.6%
Debt to equity ratio
CN¥6.16b
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥1.16b |
| Equity | CN¥5.89b |
| Total liabilities | CN¥9.50b |
| Total assets | CN¥15.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300355's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 300355's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: 300355's net debt to equity ratio (84.9%) is considered high.
Reducing Debt: 300355's debt to equity ratio has reduced from 116.9% to 104.6% over the past 5 years.
Debt Coverage: 300355's debt is well covered by operating cash flow (29.2%).
Interest Coverage: 300355 earns more interest than it pays, so coverage of interest payments is not a concern.