China Water Industry Group Balance Sheet Health
Financial Health criteria checks 5/6
China Water Industry Group has a total shareholder equity of HK$1.6B and total debt of HK$632.1M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are HK$3.4B and HK$1.7B respectively.
Key information
38.5%
Debt to equity ratio
HK$632.14m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$241.41m |
| Equity | HK$1.64b |
| Total liabilities | HK$1.73b |
| Total assets | HK$3.37b |
Recent financial health updates
China Water Industry Group (HKG:1129) Has A Somewhat Strained Balance Sheet
Oct 18
These 4 Measures Indicate That China Water Industry Group (HKG:1129) Is Using Debt Extensively
Oct 20These 4 Measures Indicate That China Water Industry Group (HKG:1129) Is Using Debt Extensively
May 07China Water Industry Group (HKG:1129) Has A Somewhat Strained Balance Sheet
Dec 18Recent updates
China Water Industry Group Limited's (HKG:1129) 32% Share Price Surge Not Quite Adding Up
Apr 14Getting In Cheap On China Water Industry Group Limited (HKG:1129) Is Unlikely
Feb 29China Water Industry Group (HKG:1129) Could Be Struggling To Allocate Capital
Nov 28China Water Industry Group (HKG:1129) Has A Somewhat Strained Balance Sheet
Oct 18China Water Industry Group (HKG:1129) Might Have The Makings Of A Multi-Bagger
Dec 01These 4 Measures Indicate That China Water Industry Group (HKG:1129) Is Using Debt Extensively
Oct 20Returns At China Water Industry Group (HKG:1129) Are On The Way Up
Aug 20These 4 Measures Indicate That China Water Industry Group (HKG:1129) Is Using Debt Extensively
May 07Is China Water Industry Group (HKG:1129) A Future Multi-bagger?
Mar 16A Look At China Water Industry Group's (HKG:1129) Share Price Returns
Jan 22China Water Industry Group (HKG:1129) Has A Somewhat Strained Balance Sheet
Dec 18Is China Water Industry Group (HKG:1129) A Future Multi-bagger?
Nov 26Financial Position Analysis
Short Term Liabilities: 1129's short term assets (HK$1.3B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: 1129's short term assets (HK$1.3B) exceed its long term liabilities (HK$659.2M).
Debt to Equity History and Analysis
Debt Level: 1129's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: 1129's debt to equity ratio has reduced from 42.9% to 38.5% over the past 5 years.
Debt Coverage: 1129's debt is well covered by operating cash flow (53.8%).
Interest Coverage: Insufficient data to determine if 1129's interest payments on its debt are well covered by EBIT.