Jiangsu Zhongsheng Gaoke EnvironmentalLtd Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Zhongsheng Gaoke EnvironmentalLtd has a total shareholder equity of CN¥479.2M and total debt of CN¥456.0M, which brings its debt-to-equity ratio to 95.2%. Its total assets and total liabilities are CN¥1.3B and CN¥798.0M respectively.
Key information
95.2%
Debt to equity ratio
CN¥455.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥59.23m |
| Equity | CN¥479.21m |
| Total liabilities | CN¥798.01m |
| Total assets | CN¥1.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002778's short term assets (CN¥900.9M) exceed its short term liabilities (CN¥494.9M).
Long Term Liabilities: 002778's short term assets (CN¥900.9M) exceed its long term liabilities (CN¥303.1M).
Debt to Equity History and Analysis
Debt Level: 002778's net debt to equity ratio (82.8%) is considered high.
Reducing Debt: 002778's debt to equity ratio has increased from 17.2% to 95.2% over the past 5 years.
Debt Coverage: 002778's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: Insufficient data to determine if 002778's interest payments on its debt are well covered by EBIT.