Nanjing Chervon Auto Precision Technology Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Chervon Auto Precision Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 170.2%. Its total assets and total liabilities are CN¥6.9B and CN¥4.7B respectively.
Key information
170.2%
Debt to equity ratio
CN¥3.68b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥684.09m |
| Equity | CN¥2.16b |
| Total liabilities | CN¥4.70b |
| Total assets | CN¥6.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603982's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 603982's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 603982's net debt to equity ratio (138.5%) is considered high.
Reducing Debt: 603982's debt to equity ratio has increased from 78.1% to 170.2% 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: 603982 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 603982 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41% each year