Intco Recycling Resources Balance Sheet Health
Financial Health criteria checks 3/6
Intco Recycling Resources has a total shareholder equity of CN¥2.5B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 102%. Its total assets and total liabilities are CN¥5.5B and CN¥3.0B respectively. Intco Recycling Resources's EBIT is CN¥257.5M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥1.2B.
Key information
102.0%
Debt to equity ratio
CN¥2.51b
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥1.19b |
| Equity | CN¥2.46b |
| Total liabilities | CN¥3.05b |
| Total assets | CN¥5.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688087's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 688087's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥572.1M).
Debt to Equity History and Analysis
Debt Level: 688087's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: 688087's debt to equity ratio has increased from 47.1% to 102% over the past 5 years.
Debt Coverage: 688087's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 688087 earns more interest than it pays, so coverage of interest payments is not a concern.