China Everbright Greentech Balance Sheet Health
Financial Health criteria checks 2/6
China Everbright Greentech has a total shareholder equity of HK$12.4B and total debt of HK$23.1B, which brings its debt-to-equity ratio to 187.3%. Its total assets and total liabilities are HK$39.8B and HK$27.4B respectively. China Everbright Greentech's EBIT is HK$1.2B making its interest coverage ratio 1.5. It has cash and short-term investments of HK$2.3B.
Key information
187.3%
Debt to equity ratio
HK$23.14b
Debt
Interest coverage ratio | 1.5x |
Cash | HK$2.33b |
Equity | HK$12.36b |
Total liabilities | HK$27.40b |
Total assets | HK$39.76b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CK7's short term assets (HK$14.5B) exceed its short term liabilities (HK$12.9B).
Long Term Liabilities: CK7's short term assets (HK$14.5B) exceed its long term liabilities (HK$14.5B).
Debt to Equity History and Analysis
Debt Level: CK7's net debt to equity ratio (168.4%) is considered high.
Reducing Debt: CK7's debt to equity ratio has increased from 63.7% to 187.3% over the past 5 years.
Debt Coverage: CK7's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CK7's interest payments on its debt are not well covered by EBIT (1.5x coverage).