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¥3.6B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 113.1%. Its total assets and total liabilities are CN¥8.9B and CN¥5.3B respectively. China Conch Environment Protection Holdings's EBIT is CN¥442.5M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥344.8M.
Key information
113.1%
Debt to equity ratio
CN¥4.10b
Debt
Interest coverage ratio | 4.9x |
Cash | CN¥344.81m |
Equity | CN¥3.62b |
Total liabilities | CN¥5.30b |
Total assets | CN¥8.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 587's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥2.0B).
Long Term Liabilities: 587's short term assets (CN¥1.4B) do not cover its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 587's net debt to equity ratio (103.6%) is considered high.
Reducing Debt: Insufficient data to determine if 587's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 587's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 587's interest payments on its debt are well covered by EBIT (4.9x coverage).