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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOTR.F's short term assets (HK$9.9B) exceed its short term liabilities (HK$6.9B).
Long Term Liabilities: BOTR.F'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: BOTR.F's net debt to equity ratio (103.3%) is considered high.
Reducing Debt: BOTR.F's debt to equity ratio has increased from 89.7% to 116.9% over the past 5 years.
Debt Coverage: BOTR.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BOTR.F's interest payments on its debt are well covered by EBIT (3.8x coverage).