Spic Yuanda Environmental-ProtectionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Spic Yuanda Environmental-ProtectionLtd has a total shareholder equity of CN¥5.6B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥9.9B and CN¥4.3B respectively. Spic Yuanda Environmental-ProtectionLtd's EBIT is CN¥153.7M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥814.0M.
Key information
31.2%
Debt to equity ratio
CN¥1.75b
Debt
Interest coverage ratio | 5.4x |
Cash | CN¥814.04m |
Equity | CN¥5.61b |
Total liabilities | CN¥4.30b |
Total assets | CN¥9.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600292's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 600292's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 600292's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: 600292's debt to equity ratio has increased from 22.6% to 31.2% over the past 5 years.
Debt Coverage: 600292's debt is well covered by operating cash flow (38.1%).
Interest Coverage: 600292's interest payments on its debt are well covered by EBIT (5.4x coverage).