China Dredging Environment Protection Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Dredging Environment Protection Holdings has a total shareholder equity of CN¥590.5M and total debt of CN¥436.0M, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are CN¥1.6B and CN¥1.0B respectively.
Key information
73.8%
Debt to equity ratio
CN¥435.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥38.09m |
| Equity | CN¥590.53m |
| Total liabilities | CN¥1.00b |
| Total assets | CN¥1.59b |
Recent financial health updates
Is China Dredging Environment Protection Holdings (HKG:871) Weighed On By Its Debt Load?
Dec 06
Is China Dredging Environment Protection Holdings (HKG:871) A Risky Investment?
Sep 04Health Check: How Prudently Does China Dredging Environment Protection Holdings (HKG:871) Use Debt?
Dec 21Does China Dredging Environment Protection Holdings (HKG:871) Have A Healthy Balance Sheet?
Sep 07China Dredging Environment Protection Holdings (HKG:871) Has Debt But No Earnings; Should You Worry?
Oct 15Is China Dredging Environment Protection Holdings (HKG:871) Using Too Much Debt?
Apr 13Recent updates
China Dredging Environment Protection Holdings Limited's (HKG:871) Shares Leap 64% Yet They're Still Not Telling The Full Story
Aug 21China Dredging Environment Protection Holdings Limited (HKG:871) Soars 29% But It's A Story Of Risk Vs Reward
May 10The Market Lifts China Dredging Environment Protection Holdings Limited (HKG:871) Shares 26% But It Can Do More
Mar 22Not Many Are Piling Into China Dredging Environment Protection Holdings Limited (HKG:871) Stock Yet As It Plummets 37%
Feb 06Investors Still Aren't Entirely Convinced By China Dredging Environment Protection Holdings Limited's (HKG:871) Revenues Despite 44% Price Jump
Dec 23Is China Dredging Environment Protection Holdings (HKG:871) Weighed On By Its Debt Load?
Dec 06Is China Dredging Environment Protection Holdings (HKG:871) A Risky Investment?
Sep 04Health Check: How Prudently Does China Dredging Environment Protection Holdings (HKG:871) Use Debt?
Dec 21Does China Dredging Environment Protection Holdings (HKG:871) Have A Healthy Balance Sheet?
Sep 07China Dredging Environment Protection Holdings' (HKG:871) Promising Earnings May Rest On Soft Foundations
May 23China Dredging Environment Protection Holdings (HKG:871) Has Debt But No Earnings; Should You Worry?
Oct 15Is China Dredging Environment Protection Holdings (HKG:871) Using Too Much Debt?
Apr 13Estimating The Intrinsic Value Of China Dredging Environment Protection Holdings Limited (HKG:871)
Feb 16
China Dredging Environment Protection Holdings Limited (HKG:871) Insiders Increased Their Holdings
Dec 23Financial Position Analysis
Short Term Liabilities: 871's short term assets (CN¥380.2M) do not cover its short term liabilities (CN¥832.0M).
Long Term Liabilities: 871's short term assets (CN¥380.2M) exceed its long term liabilities (CN¥170.5M).
Debt to Equity History and Analysis
Debt Level: 871's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: 871's debt to equity ratio has increased from 36.5% to 73.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 871 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 871 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.3% per year.