Zhejiang Founder Motor Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Founder Motor has a total shareholder equity of CN¥1.4B and total debt of CN¥894.8M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are CN¥3.8B and CN¥2.4B respectively.
Key information
65.1%
Debt to equity ratio
CN¥894.82m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥472.20m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥2.42b |
| Total assets | CN¥3.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002196's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 002196's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥615.6M).
Debt to Equity History and Analysis
Debt Level: 002196's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: 002196's debt to equity ratio has increased from 10.8% to 65.1% 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: 002196 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002196 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 41.4% each year.