Pan Asia Environmental Protection Group Balance Sheet Health
Financial Health criteria checks 6/6
Pan Asia Environmental Protection Group has a total shareholder equity of CN¥1.1B and total debt of CN¥32.7M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥1.3B and CN¥155.2M respectively. Pan Asia Environmental Protection Group's EBIT is CN¥12.6M making its interest coverage ratio 36.9. It has cash and short-term investments of CN¥1.2B.
Key information
2.9%
Debt to equity ratio
CN¥32.67m
Debt
| Interest coverage ratio | 36.9x |
| Cash | CN¥1.24b |
| Equity | CN¥1.14b |
| Total liabilities | CN¥155.23m |
| Total assets | CN¥1.29b |
Recent financial health updates
Does Pan Asia Environmental Protection Group (HKG:556) Have A Healthy Balance Sheet?
Mar 30
Here's Why Pan Asia Environmental Protection Group (HKG:556) Can Manage Its Debt Responsibly
Oct 24Does Pan Asia Environmental Protection Group (HKG:556) Have A Healthy Balance Sheet?
May 31Here's Why Pan Asia Environmental Protection Group (HKG:556) Can Manage Its Debt Despite Losing Money
Oct 28Is Pan Asia Environmental Protection Group (HKG:556) Using Debt Sensibly?
Dec 17Recent updates
Why Investors Shouldn't Be Surprised By Pan Asia Environmental Protection Group Limited's (HKG:556) 30% Share Price Surge
Apr 29Does Pan Asia Environmental Protection Group (HKG:556) Have A Healthy Balance Sheet?
Mar 30Why Investors Shouldn't Be Surprised By Pan Asia Environmental Protection Group Limited's (HKG:556) P/S
Feb 23Here's Why Pan Asia Environmental Protection Group (HKG:556) Can Manage Its Debt Responsibly
Oct 24Why Investors Shouldn't Be Surprised By Pan Asia Environmental Protection Group Limited's (HKG:556) 50% Share Price Plunge
Aug 03Does Pan Asia Environmental Protection Group (HKG:556) Have A Healthy Balance Sheet?
May 31Here's Why Pan Asia Environmental Protection Group (HKG:556) Can Manage Its Debt Despite Losing Money
Oct 28Is Pan Asia Environmental Protection Group (HKG:556) Using Debt Sensibly?
Dec 17Financial Position Analysis
Short Term Liabilities: 556's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥133.6M).
Long Term Liabilities: 556's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥21.6M).
Debt to Equity History and Analysis
Debt Level: 556 has more cash than its total debt.
Reducing Debt: 556's debt to equity ratio has reduced from 4% to 2.9% over the past 5 years.
Debt Coverage: 556's debt is well covered by operating cash flow (70.3%).
Interest Coverage: 556's interest payments on its debt are well covered by EBIT (36.9x coverage).