China Everbright Environment Group Balance Sheet Health
Financial Health criteria checks 2/6
China Everbright Environment Group has a total shareholder equity of HK$67.7B and total debt of HK$94.2B, which brings its debt-to-equity ratio to 139.1%. Its total assets and total liabilities are HK$189.5B and HK$121.8B respectively. China Everbright Environment Group's EBIT is HK$10.4B making its interest coverage ratio 3.2. It has cash and short-term investments of HK$8.2B.
Key information
139.1%
Debt to equity ratio
HK$94.17b
Debt
| Interest coverage ratio | 3.2x |
| Cash | HK$8.23b |
| Equity | HK$67.69b |
| Total liabilities | HK$121.77b |
| Total assets | HK$189.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHFF.Y's short term assets (HK$48.5B) exceed its short term liabilities (HK$34.4B).
Long Term Liabilities: CHFF.Y's short term assets (HK$48.5B) do not cover its long term liabilities (HK$87.3B).
Debt to Equity History and Analysis
Debt Level: CHFF.Y's net debt to equity ratio (127%) is considered high.
Reducing Debt: CHFF.Y's debt to equity ratio has increased from 102.3% to 139.1% over the past 5 years.
Debt Coverage: CHFF.Y's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: CHFF.Y's interest payments on its debt are well covered by EBIT (3.2x coverage).