Tianjin Capital Environmental Protection Group Balance Sheet Health
Financial Health criteria checks 2/6
Tianjin Capital Environmental Protection Group has a total shareholder equity of CN¥10.7B and total debt of CN¥10.5B, which brings its debt-to-equity ratio to 98.2%. Its total assets and total liabilities are CN¥25.5B and CN¥14.8B respectively. Tianjin Capital Environmental Protection Group's EBIT is CN¥1.5B making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥2.8B.
Key information
98.2%
Debt to equity ratio
CN¥10.50b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥2.77b |
| Equity | CN¥10.70b |
| Total liabilities | CN¥14.84b |
| Total assets | CN¥25.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1065's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 1065's short term assets (CN¥7.4B) do not cover its long term liabilities (CN¥10.6B).
Debt to Equity History and Analysis
Debt Level: 1065's net debt to equity ratio (72.3%) is considered high.
Reducing Debt: 1065's debt to equity ratio has increased from 78.7% to 98.2% over the past 5 years.
Debt Coverage: 1065's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 1065's interest payments on its debt are well covered by EBIT (4.9x coverage).