GreenTech Environmental Balance Sheet Health
Financial Health criteria checks 4/6
GreenTech Environmental has a total shareholder equity of CN¥1.2B and total debt of CN¥406.7M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are CN¥2.1B and CN¥931.2M respectively. GreenTech Environmental's EBIT is CN¥115.0M making its interest coverage ratio -47.9. It has cash and short-term investments of CN¥462.2M.
Key information
33.8%
Debt to equity ratio
CN¥406.74m
Debt
Interest coverage ratio | -47.9x |
Cash | CN¥462.23m |
Equity | CN¥1.20b |
Total liabilities | CN¥931.24m |
Total assets | CN¥2.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688466's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥519.8M).
Long Term Liabilities: 688466's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥411.4M).
Debt to Equity History and Analysis
Debt Level: 688466 has more cash than its total debt.
Reducing Debt: 688466's debt to equity ratio has increased from 7.6% to 33.8% over the past 5 years.
Debt Coverage: 688466's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 688466 earns more interest than it pays, so coverage of interest payments is not a concern.