China Everbright Water Balance Sheet Health
Financial Health criteria checks 2/6
China Everbright Water has a total shareholder equity of HK$13.8B and total debt of HK$16.1B, which brings its debt-to-equity ratio to 116.9%. Its total assets and total liabilities are HK$35.2B and HK$21.4B respectively. China Everbright Water's EBIT is HK$2.1B making its interest coverage ratio 3.8. It has cash and short-term investments of HK$1.9B.
Key information
116.9%
Debt to equity ratio
HK$16.12b
Debt
| Interest coverage ratio | 3.8x |
| Cash | HK$1.87b |
| Equity | HK$13.79b |
| Total liabilities | HK$21.42b |
| Total assets | HK$35.21b |
Recent financial health updates
Is China Everbright Water (SGX:U9E) Using Too Much Debt?
Aug 15
Here's Why China Everbright Water (SGX:U9E) Has A Meaningful Debt Burden
Sep 06These 4 Measures Indicate That China Everbright Water (SGX:U9E) Is Using Debt Extensively
Apr 01Recent updates
Returns On Capital At China Everbright Water (SGX:U9E) Have Stalled
Sep 30China Everbright Water (SGX:U9E) Is Due To Pay A Dividend Of HK$0.0099
Apr 27China Everbright Water's (SGX:U9E) Dividend Will Be HK$0.0099
Apr 02China Everbright Water's (SGX:U9E) Dividend Will Be HK$0.0099
Mar 13Is China Everbright Water (SGX:U9E) Using Too Much Debt?
Aug 15China Everbright Water (SGX:U9E) Is Reducing Its Dividend To HK$0.0086
Apr 04China Everbright Water's (SGX:U9E) Dividend Will Be Reduced To HK$0.0086
Mar 02China Everbright Water (SGX:U9E) Shareholders Will Want The ROCE Trajectory To Continue
Nov 04China Everbright Water (SGX:U9E) Will Pay A Smaller Dividend Than Last Year
Aug 15China Everbright Water (SGX:U9E) Has Announced That It Will Be Increasing Its Dividend To S$0.012
Apr 28China Everbright Water (SGX:U9E) Will Pay A Larger Dividend Than Last Year At S$0.012
Mar 23China Everbright Water (SGX:U9E) Will Pay A Larger Dividend Than Last Year At S$0.012
Mar 02Is There An Opportunity With China Everbright Water Limited's (SGX:U9E) 35% Undervaluation?
Jan 04Here's Why China Everbright Water (SGX:U9E) Has A Meaningful Debt Burden
Sep 06Is China Everbright Water Limited (SGX:U9E) Potentially Undervalued?
Aug 02We Like These Underlying Return On Capital Trends At China Everbright Water (SGX:U9E)
May 13An Intrinsic Calculation For China Everbright Water Limited (SGX:U9E) Suggests It's 35% Undervalued
Apr 19These 4 Measures Indicate That China Everbright Water (SGX:U9E) Is Using Debt Extensively
Apr 01Reflecting on China Everbright Water's (SGX:U9E) Share Price Returns Over The Last Five Years
Mar 15China Everbright Water Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 27Has China Everbright Water (SGX:U9E) Got What It Takes To Become A Multi-Bagger?
Feb 11Is China Everbright Water Limited (SGX:U9E) The Right Choice For A Smart Dividend Investor?
Jan 22
Is It Too Late To Consider Buying China Everbright Water Limited (SGX:U9E)?
Dec 30China Everbright Water (SGX:U9E) Share Prices Have Dropped 66% In The Last Five Years
Dec 03Financial Position Analysis
Short Term Liabilities: U9E's short term assets (HK$9.9B) exceed its short term liabilities (HK$6.9B).
Long Term Liabilities: U9E's short term assets (HK$9.9B) do not cover its long term liabilities (HK$14.5B).
Debt to Equity History and Analysis
Debt Level: U9E's net debt to equity ratio (103.3%) is considered high.
Reducing Debt: U9E's debt to equity ratio has increased from 89.7% to 116.9% over the past 5 years.
Debt Coverage: U9E's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: U9E's interest payments on its debt are well covered by EBIT (3.8x coverage).