China Conch Environment Protection Holdings Balance Sheet Health
Financial Health criteria checks 1/6
China Conch Environment Protection Holdings has a total shareholder equity of CN¥3.7B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 114.8%. Its total assets and total liabilities are CN¥9.4B and CN¥5.7B respectively. China Conch Environment Protection Holdings's EBIT is CN¥443.0M making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥313.5M.
Key information
114.8%
Debt to equity ratio
CN¥4.26b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥313.45m |
| Equity | CN¥3.71b |
| Total liabilities | CN¥5.70b |
| Total assets | CN¥9.41b |
Recent financial health updates
Recent updates
Is China Conch Environment Protection Holdings Limited (HKG:587) Worth HK$0.7 Based On Its Intrinsic Value?
Apr 16
These 4 Measures Indicate That China Conch Environment Protection Holdings (HKG:587) Is Using Debt In A Risky Way
Mar 22China Conch Environment Protection Holdings (HKG:587) May Have Issues Allocating Its Capital
Oct 06Are Investors Undervaluing China Conch Environment Protection Holdings Limited (HKG:587) By 34%?
Aug 25China Conch Environment Protection Holdings Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 30Financial Position Analysis
Short Term Liabilities: 587's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥2.7B).
Long Term Liabilities: 587's short term assets (CN¥1.4B) do not cover its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 587's net debt to equity ratio (106.3%) is considered high.
Reducing Debt: 587's debt to equity ratio has increased from 28.3% to 114.8% over the past 5 years.
Debt Coverage: 587's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: 587's interest payments on its debt are well covered by EBIT (4.8x coverage).