Hengli Industrial Development Group Balance Sheet Health
Financial Health criteria checks 3/6
Hengli Industrial Development Group has a total shareholder equity of CN¥185.0M and total debt of CN¥36.0M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥389.4M and CN¥204.4M respectively.
Key information
19.5%
Debt to equity ratio
CN¥36.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.22m |
Equity | CN¥184.95m |
Total liabilities | CN¥204.43m |
Total assets | CN¥389.38m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000622's short term assets (CN¥216.2M) exceed its short term liabilities (CN¥144.1M).
Long Term Liabilities: 000622's short term assets (CN¥216.2M) exceed its long term liabilities (CN¥60.3M).
Debt to Equity History and Analysis
Debt Level: 000622's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 000622's debt to equity ratio has increased from 0% to 19.5% 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: 000622 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000622 has less than a year of cash runway if free cash flow continues to grow at historical rates of 37.9% each year.