Nanjing Chervon Auto Precision Technology Balance Sheet Health
Financial Health criteria checks 2/6
Nanjing Chervon Auto Precision Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 189.4%. Its total assets and total liabilities are CN¥6.7B and CN¥4.8B respectively.
Key information
189.4%
Debt to equity ratio
CN¥3.66b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥525.98m |
| Equity | CN¥1.93b |
| Total liabilities | CN¥4.76b |
| Total assets | CN¥6.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603982's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603982's short term assets (CN¥2.4B) do not cover its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 603982's net debt to equity ratio (162.2%) is considered high.
Reducing Debt: 603982's debt to equity ratio has increased from 23.2% to 189.4% 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 35.7% each year