China Everbright Environment Group Balance Sheet Health
Financial Health criteria checks 2/6
China Everbright Environment Group has a total shareholder equity of HK$65.5B and total debt of HK$94.6B, which brings its debt-to-equity ratio to 144.4%. Its total assets and total liabilities are HK$189.2B and HK$123.7B respectively. China Everbright Environment Group's EBIT is HK$11.1B making its interest coverage ratio 3.3. It has cash and short-term investments of HK$8.6B.
Key information
144.4%
Debt to equity ratio
HK$94.62b
Debt
Interest coverage ratio | 3.3x |
Cash | HK$8.58b |
Equity | HK$65.52b |
Total liabilities | HK$123.66b |
Total assets | HK$189.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 257's short term assets (HK$47.2B) exceed its short term liabilities (HK$41.2B).
Long Term Liabilities: 257's short term assets (HK$47.2B) do not cover its long term liabilities (HK$82.5B).
Debt to Equity History and Analysis
Debt Level: 257's net debt to equity ratio (131.3%) is considered high.
Reducing Debt: 257's debt to equity ratio has increased from 94.6% to 144.4% over the past 5 years.
Debt Coverage: 257's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 257's interest payments on its debt are well covered by EBIT (3.3x coverage).