Chongqing Sanfeng Environment Group Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Sanfeng Environment Group has a total shareholder equity of CN¥11.5B and total debt of CN¥9.0B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are CN¥25.7B and CN¥14.1B respectively. Chongqing Sanfeng Environment Group's EBIT is CN¥1.6B making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥2.7B.
Key information
78.3%
Debt to equity ratio
CN¥9.04b
Debt
| Interest coverage ratio | 6.1x |
| Cash | CN¥2.71b |
| Equity | CN¥11.54b |
| Total liabilities | CN¥14.13b |
| Total assets | CN¥25.67b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601827's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 601827's short term assets (CN¥6.9B) do not cover its long term liabilities (CN¥8.4B).
Debt to Equity History and Analysis
Debt Level: 601827's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: 601827's debt to equity ratio has reduced from 128.9% to 78.3% over the past 5 years.
Debt Coverage: 601827's debt is well covered by operating cash flow (31.1%).
Interest Coverage: 601827's interest payments on its debt are well covered by EBIT (6.1x coverage).