China Everbright Greentech Balance Sheet Health
Financial Health criteria checks 1/6
China Everbright Greentech has a total shareholder equity of HK$13.4B and total debt of HK$21.4B, which brings its debt-to-equity ratio to 160%. Its total assets and total liabilities are HK$39.6B and HK$26.2B respectively. China Everbright Greentech's EBIT is HK$1.3B making its interest coverage ratio 1.8. It has cash and short-term investments of HK$1.9B.
Key information
160.0%
Debt to equity ratio
HK$21.42b
Debt
Interest coverage ratio | 1.8x |
Cash | HK$1.91b |
Equity | HK$13.39b |
Total liabilities | HK$26.24b |
Total assets | HK$39.63b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1257's short term assets (HK$13.3B) exceed its short term liabilities (HK$8.1B).
Long Term Liabilities: 1257's short term assets (HK$13.3B) do not cover its long term liabilities (HK$18.1B).
Debt to Equity History and Analysis
Debt Level: 1257's net debt to equity ratio (145.7%) is considered high.
Reducing Debt: 1257's debt to equity ratio has increased from 47.3% to 160% over the past 5 years.
Debt Coverage: 1257's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: 1257's interest payments on its debt are not well covered by EBIT (1.8x coverage).