Penyao Environmental Protection Balance Sheet Health
Financial Health criteria checks 4/6
Penyao Environmental Protection has a total shareholder equity of CN¥4.4B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are CN¥7.9B and CN¥3.5B respectively. Penyao Environmental Protection's EBIT is CN¥369.9M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥319.4M.
Key information
40.8%
Debt to equity ratio
CN¥1.79b
Debt
| Interest coverage ratio | 4.3x |
| Cash | CN¥319.38m |
| Equity | CN¥4.39b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥7.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300664's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 300664's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300664's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: 300664's debt to equity ratio has increased from 35.7% to 40.8% over the past 5 years.
Debt Coverage: 300664's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 300664's interest payments on its debt are well covered by EBIT (4.3x coverage).