Heilongjiang Interchina Water Treatment Co.,Ltd

SHSE:600187 Stock Report

Market Cap: CN¥7.3b

Heilongjiang Interchina Water TreatmentLtd Balance Sheet Health

Financial Health criteria checks 4/6

Heilongjiang Interchina Water TreatmentLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥102.2M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CN¥3.6B and CN¥384.7M respectively.

Key information

3.2%

Debt to equity ratio

CN¥102.21m

Debt

Interest coverage ration/a
CashCN¥327.78m
EquityCN¥3.18b
Total liabilitiesCN¥384.70m
Total assetsCN¥3.57b

Recent financial health updates

Recent updates

Is Heilongjiang Interchina Water TreatmentLtd (SHSE:600187) Using Too Much Debt?

Sep 17
Is Heilongjiang Interchina Water TreatmentLtd (SHSE:600187) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: 600187's short term assets (CN¥925.5M) exceed its short term liabilities (CN¥179.2M).

Long Term Liabilities: 600187's short term assets (CN¥925.5M) exceed its long term liabilities (CN¥205.5M).


Debt to Equity History and Analysis

Debt Level: 600187 has more cash than its total debt.

Reducing Debt: 600187's debt to equity ratio has reduced from 8.2% to 3.2% over the past 5 years.

Debt Coverage: 600187's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 600187's interest payments on its debt are well covered by EBIT.


Balance Sheet


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