Intco Recycling Resources Balance Sheet Health
Financial Health criteria checks 4/6
Intco Recycling Resources has a total shareholder equity of CN¥2.3B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are CN¥4.5B and CN¥2.2B respectively. Intco Recycling Resources's EBIT is CN¥209.1M making its interest coverage ratio -6. It has cash and short-term investments of CN¥1.1B.
Key information
73.7%
Debt to equity ratio
CN¥1.70b
Debt
Interest coverage ratio | -6x |
Cash | CN¥1.14b |
Equity | CN¥2.31b |
Total liabilities | CN¥2.19b |
Total assets | CN¥4.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688087's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 688087's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥52.1M).
Debt to Equity History and Analysis
Debt Level: 688087's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 688087's debt to equity ratio has increased from 55.1% to 73.7% over the past 5 years.
Debt Coverage: 688087's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 688087 earns more interest than it pays, so coverage of interest payments is not a concern.