Liaoning SG Automotive Group Balance Sheet Health
Financial Health criteria checks 2/6
Liaoning SG Automotive Group has a total shareholder equity of CN¥1.7B and total debt of CN¥648.6M, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are CN¥3.6B and CN¥1.9B respectively.
Key information
38.7%
Debt to equity ratio
CN¥648.60m
Debt
Interest coverage ratio | n/a |
Cash | CN¥105.63m |
Equity | CN¥1.68b |
Total liabilities | CN¥1.95b |
Total assets | CN¥3.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600303's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 600303's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥367.3M).
Debt to Equity History and Analysis
Debt Level: 600303's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: 600303's debt to equity ratio has increased from 32.8% to 38.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 600303 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600303 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.6% each year