EcoGreen International Group Balance Sheet Health
Financial Health criteria checks 4/6
EcoGreen International Group has a total shareholder equity of CN¥3.0B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are CN¥6.1B and CN¥3.1B respectively. EcoGreen International Group's EBIT is CN¥466.9M making its interest coverage ratio 18.3. It has cash and short-term investments of CN¥1.7B.
Key information
82.7%
Debt to equity ratio
CN¥2.47b
Debt
Interest coverage ratio | 18.3x |
Cash | CN¥1.69b |
Equity | CN¥2.98b |
Total liabilities | CN¥3.08b |
Total assets | CN¥6.07b |
Recent financial health updates
Recent updates
EcoGreen International Group (HKG:2341) Will Be Hoping To Turn Its Returns On Capital Around
May 18Here's Why EcoGreen International Group (HKG:2341) Can Manage Its Debt Responsibly
Apr 30Why EcoGreen International Group Limited (HKG:2341) Is A Top Dividend Stock
Apr 14Here's What EcoGreen International Group Limited's (HKG:2341) Shareholder Ownership Structure Looks Like
Mar 10Will EcoGreen International Group (HKG:2341) Multiply In Value Going Forward?
Feb 03Is EcoGreen International Group Limited (HKG:2341) A Smart Pick For Income Investors?
Dec 17What Percentage Of EcoGreen International Group Limited (HKG:2341) Shares Do Insiders Own?
Nov 26Financial Position Analysis
Short Term Liabilities: 2341's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 2341's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 2341's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: 2341's debt to equity ratio has increased from 75.4% to 82.7% over the past 5 years.
Debt Coverage: 2341's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2341's interest payments on its debt are well covered by EBIT (18.3x coverage).