Hunan Tyen MachineryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Tyen MachineryLtd has a total shareholder equity of CN¥765.6M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥311.2M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥211.75m |
| Equity | CN¥765.64m |
| Total liabilities | CN¥311.21m |
| Total assets | CN¥1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900946's short term assets (CN¥688.4M) exceed its short term liabilities (CN¥307.9M).
Long Term Liabilities: 900946's short term assets (CN¥688.4M) exceed its long term liabilities (CN¥3.3M).
Debt to Equity History and Analysis
Debt Level: 900946 is debt free.
Reducing Debt: 900946 has no debt compared to 5 years ago when its debt to equity ratio was 10%.
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: 900946 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 900946 has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 29% each year.