CEVIA Enviro Balance Sheet Health
Financial Health criteria checks 2/6
CEVIA Enviro has a total shareholder equity of CN¥9.3B and total debt of CN¥16.1B, which brings its debt-to-equity ratio to 172.5%. Its total assets and total liabilities are CN¥30.1B and CN¥20.8B respectively. CEVIA Enviro's EBIT is CN¥2.0B making its interest coverage ratio 4. It has cash and short-term investments of CN¥1.3B.
Key information
172.5%
Debt to equity ratio
CN¥16.12b
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥1.26b |
| Equity | CN¥9.34b |
| Total liabilities | CN¥20.80b |
| Total assets | CN¥30.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000885's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: 000885's short term assets (CN¥6.7B) do not cover its long term liabilities (CN¥14.6B).
Debt to Equity History and Analysis
Debt Level: 000885's net debt to equity ratio (159%) is considered high.
Reducing Debt: 000885's debt to equity ratio has increased from 103.9% to 172.5% over the past 5 years.
Debt Coverage: 000885's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 000885's interest payments on its debt are well covered by EBIT (4x coverage).