China Environmental Resources Group Balance Sheet Health
Financial Health criteria checks 5/6
China Environmental Resources Group has a total shareholder equity of HK$436.0M and total debt of HK$83.7M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are HK$679.7M and HK$243.6M respectively.
Key information
19.2%
Debt to equity ratio
HK$83.69m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$2.93m |
| Equity | HK$436.02m |
| Total liabilities | HK$243.63m |
| Total assets | HK$679.65m |
Recent financial health updates
Is China Environmental Resources Group (HKG:1130) Using Debt Sensibly?
Oct 02
Is China Environmental Resources Group (HKG:1130) Using Debt Sensibly?
Oct 11Health Check: How Prudently Does China Environmental Resources Group (HKG:1130) Use Debt?
Jun 15Is China Environmental Resources Group (HKG:1130) Weighed On By Its Debt Load?
Mar 02China Environmental Resources Group (HKG:1130) Has Debt But No Earnings; Should You Worry?
Jun 13Would China Environmental Resources Group (HKG:1130) Be Better Off With Less Debt?
Feb 28Recent updates
China Environmental Resources Group Limited (HKG:1130) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Apr 01Some China Environmental Resources Group Limited (HKG:1130) Shareholders Look For Exit As Shares Take 27% Pounding
Dec 29It's Unlikely That The CEO Of China Environmental Resources Group Limited (HKG:1130) Will See A Huge Pay Rise This Year
Nov 27Is China Environmental Resources Group (HKG:1130) Using Debt Sensibly?
Oct 02Getting In Cheap On China Environmental Resources Group Limited (HKG:1130) Might Be Difficult
Jul 15Is China Environmental Resources Group (HKG:1130) Using Debt Sensibly?
Oct 11Health Check: How Prudently Does China Environmental Resources Group (HKG:1130) Use Debt?
Jun 15Is China Environmental Resources Group (HKG:1130) Weighed On By Its Debt Load?
Mar 02A Look At The Fair Value Of China Environmental Resources Group Limited (HKG:1130)
Oct 05China Environmental Resources Group (HKG:1130) Has Debt But No Earnings; Should You Worry?
Jun 13Would China Environmental Resources Group (HKG:1130) Be Better Off With Less Debt?
Feb 28Financial Position Analysis
Short Term Liabilities: 1130's short term assets (HK$160.4M) exceed its short term liabilities (HK$126.3M).
Long Term Liabilities: 1130's short term assets (HK$160.4M) exceed its long term liabilities (HK$117.4M).
Debt to Equity History and Analysis
Debt Level: 1130's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: 1130's debt to equity ratio has increased from 2.9% to 19.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1130 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1130 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.