Liaoning SG Automotive Group Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning SG Automotive Group has a total shareholder equity of CN¥1.5B and total debt of CN¥624.1M, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are CN¥3.4B and CN¥1.9B respectively.
Key information
41.0%
Debt to equity ratio
CN¥624.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥108.72m |
| Equity | CN¥1.52b |
| Total liabilities | CN¥1.92b |
| Total assets | CN¥3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600303's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600303's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥553.4M).
Debt to Equity History and Analysis
Debt Level: 600303's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: 600303's debt to equity ratio has increased from 34.4% to 41% 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 600303 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.