Datang Environment Industry Group Balance Sheet Health
Financial Health criteria checks 4/6
Datang Environment Industry Group has a total shareholder equity of CN¥7.3B and total debt of CN¥5.3B, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are CN¥18.0B and CN¥10.8B respectively. Datang Environment Industry Group's EBIT is CN¥664.8M making its interest coverage ratio 4. It has cash and short-term investments of CN¥1.8B.
Key information
73.1%
Debt to equity ratio
CN¥5.32b
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥1.76b |
| Equity | CN¥7.28b |
| Total liabilities | CN¥10.76b |
| Total assets | CN¥18.05b |
Recent financial health updates
We Think Datang Environment Industry Group (HKG:1272) Can Stay On Top Of Its Debt
Mar 19
Datang Environment Industry Group (HKG:1272) Is Making Moderate Use Of Debt
Mar 15Datang Environment Industry Group (HKG:1272) Is Making Moderate Use Of Debt
Oct 26Does Datang Environment Industry Group (HKG:1272) Have A Healthy Balance Sheet?
May 05Is Datang Environment Industry Group (HKG:1272) Using Too Much Debt?
May 15These 4 Measures Indicate That Datang Environment Industry Group (HKG:1272) Is Using Debt In A Risky Way
Feb 14
Recent updates
We Think Datang Environment Industry Group (HKG:1272) Can Stay On Top Of Its Debt
Mar 19Here's What's Concerning About Datang Environment Industry Group's (HKG:1272) Returns On Capital
Nov 13Returns On Capital At Datang Environment Industry Group (HKG:1272) Paint A Concerning Picture
Jun 09Datang Environment Industry Group (HKG:1272) Is Making Moderate Use Of Debt
Mar 15Datang Environment Industry Group (HKG:1272) Is Making Moderate Use Of Debt
Oct 26Does Datang Environment Industry Group (HKG:1272) Have A Healthy Balance Sheet?
May 05Datang Environment Industry Group's (HKG:1272) Upcoming Dividend Will Be Larger Than Last Year's
Jul 03Is Datang Environment Industry Group (HKG:1272) Using Too Much Debt?
May 15Datang Environment Industry Group's (HKG:1272) Returns On Capital Not Reflecting Well On The Business
Apr 18Is Datang Environment Industry Group Co., Ltd.'s (HKG:1272) 5.8% Dividend Worth Your Time?
Mar 28How Much Did Datang Environment Industry Group's(HKG:1272) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 07These 4 Measures Indicate That Datang Environment Industry Group (HKG:1272) Is Using Debt In A Risky Way
Feb 14Our Take On The Returns On Capital At Datang Environment Industry Group (HKG:1272)
Jan 18Read This Before Buying Datang Environment Industry Group Co., Ltd. (HKG:1272) For Its Dividend
Dec 28What Type Of Returns Would Datang Environment Industry Group's(HKG:1272) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 07Financial Position Analysis
Short Term Liabilities: 1272's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥8.7B).
Long Term Liabilities: 1272's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 1272's net debt to equity ratio (48.9%) is considered high.
Reducing Debt: 1272's debt to equity ratio has increased from 67.4% to 73.1% over the past 5 years.
Debt Coverage: 1272's debt is well covered by operating cash flow (34%).
Interest Coverage: 1272's interest payments on its debt are well covered by EBIT (4x coverage).