Intco Recycling Resources Balance Sheet Health
Financial Health criteria checks 4/6
Intco Recycling Resources has a total shareholder equity of CN¥2.4B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 88.2%. Its total assets and total liabilities are CN¥5.1B and CN¥2.7B respectively. Intco Recycling Resources's EBIT is CN¥249.9M making its interest coverage ratio -20.9. It has cash and short-term investments of CN¥1.7B.
Key information
88.2%
Debt to equity ratio
CN¥2.11b
Debt
| Interest coverage ratio | -20.9x |
| Cash | CN¥1.65b |
| Equity | CN¥2.39b |
| Total liabilities | CN¥2.67b |
| Total assets | CN¥5.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688087's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 688087's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥257.0M).
Debt to Equity History and Analysis
Debt Level: 688087's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 688087's debt to equity ratio has increased from 50.9% to 88.2% over the past 5 years.
Debt Coverage: 688087's debt is not well covered by operating cash flow (18%).
Interest Coverage: 688087 earns more interest than it pays, so coverage of interest payments is not a concern.