CDT Environmental Technology Investment Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CDT Environmental Technology Investment Holdings has a total shareholder equity of $32.1M and total debt of $8.5M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are $72.8M and $40.7M respectively. CDT Environmental Technology Investment Holdings's EBIT is $8.6M making its interest coverage ratio 95. It has cash and short-term investments of $268.1K.
Key information
26.5%
Debt to equity ratio
US$8.51m
Debt
| Interest coverage ratio | 95x |
| Cash | US$268.10k |
| Equity | US$32.09m |
| Total liabilities | US$40.71m |
| Total assets | US$72.79m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CDTG's short term assets ($64.7M) exceed its short term liabilities ($40.5M).
Long Term Liabilities: CDTG's short term assets ($64.7M) exceed its long term liabilities ($185.4K).
Debt to Equity History and Analysis
Debt Level: CDTG's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: CDTG's debt to equity ratio has reduced from 30.3% to 26.5% over the past 5 years.
Debt Coverage: CDTG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CDTG's interest payments on its debt are well covered by EBIT (95x coverage).