Beijing China Sciences Runyu Environmental Technology Balance Sheet Health
Financial Health criteria checks 4/6
Beijing China Sciences Runyu Environmental Technology has a total shareholder equity of CN¥3.8B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are CN¥7.5B and CN¥3.7B respectively. Beijing China Sciences Runyu Environmental Technology's EBIT is CN¥402.6M making its interest coverage ratio 7.5. It has cash and short-term investments of CN¥1.2B.
Key information
62.8%
Debt to equity ratio
CN¥2.37b
Debt
Interest coverage ratio | 7.5x |
Cash | CN¥1.20b |
Equity | CN¥3.77b |
Total liabilities | CN¥3.70b |
Total assets | CN¥7.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301175's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 301175's short term assets (CN¥2.2B) do not cover its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 301175's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: 301175's debt to equity ratio has reduced from 105.6% to 62.8% over the past 5 years.
Debt Coverage: 301175's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 301175's interest payments on its debt are well covered by EBIT (7.5x coverage).