China Water Industry Group Balance Sheet Health
Financial Health criteria checks 5/6
China Water Industry Group has a total shareholder equity of HK$1.6B and total debt of HK$632.1M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are HK$3.4B and HK$1.7B respectively.
Key information
38.5%
Debt to equity ratio
HK$632.14m
Debt
Interest coverage ratio | n/a |
Cash | HK$241.41m |
Equity | HK$1.64b |
Total liabilities | HK$1.73b |
Total assets | HK$3.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HAU2's short term assets (HK$1.3B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: HAU2's short term assets (HK$1.3B) exceed its long term liabilities (HK$659.2M).
Debt to Equity History and Analysis
Debt Level: HAU2's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: HAU2's debt to equity ratio has reduced from 42.9% to 38.5% over the past 5 years.
Debt Coverage: HAU2's debt is well covered by operating cash flow (53.8%).
Interest Coverage: Insufficient data to determine if HAU2's interest payments on its debt are well covered by EBIT.