Langfang Development Balance Sheet Health
Financial Health criteria checks 4/6
Langfang Development has a total shareholder equity of CN¥236.1M and total debt of CN¥105.9M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are CN¥580.7M and CN¥344.5M respectively. Langfang Development's EBIT is CN¥8.1M making its interest coverage ratio 102.7. It has cash and short-term investments of CN¥117.2M.
Key information
44.8%
Debt to equity ratio
CN¥105.85m
Debt
Interest coverage ratio | 102.7x |
Cash | CN¥117.23m |
Equity | CN¥236.13m |
Total liabilities | CN¥344.55m |
Total assets | CN¥580.68m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600149's short term assets (CN¥150.4M) do not cover its short term liabilities (CN¥234.4M).
Long Term Liabilities: 600149's short term assets (CN¥150.4M) exceed its long term liabilities (CN¥110.2M).
Debt to Equity History and Analysis
Debt Level: 600149 has more cash than its total debt.
Reducing Debt: 600149's debt to equity ratio has increased from 0% to 44.8% 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: 600149 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600149 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 13.7% each year