Beijing Capital Eco-Environment Protection Group Balance Sheet Health
Financial Health criteria checks 3/6
Beijing Capital Eco-Environment Protection Group has a total shareholder equity of CN¥40.1B and total debt of CN¥51.7B, which brings its debt-to-equity ratio to 129.2%. Its total assets and total liabilities are CN¥110.4B and CN¥70.4B respectively. Beijing Capital Eco-Environment Protection Group's EBIT is CN¥4.3B making its interest coverage ratio -16.8. It has cash and short-term investments of CN¥4.9B.
Key information
129.2%
Debt to equity ratio
CN¥51.75b
Debt
| Interest coverage ratio | -16.8x |
| Cash | CN¥4.93b |
| Equity | CN¥40.06b |
| Total liabilities | CN¥70.35b |
| Total assets | CN¥110.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600008's short term assets (CN¥29.6B) exceed its short term liabilities (CN¥29.4B).
Long Term Liabilities: 600008's short term assets (CN¥29.6B) do not cover its long term liabilities (CN¥41.0B).
Debt to Equity History and Analysis
Debt Level: 600008's net debt to equity ratio (116.9%) is considered high.
Reducing Debt: 600008's debt to equity ratio has reduced from 144.6% to 129.2% over the past 5 years.
Debt Coverage: 600008's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 600008 earns more interest than it pays, so coverage of interest payments is not a concern.