Qinghai Huading Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Qinghai Huading Industrial has a total shareholder equity of CN¥715.0M and total debt of CN¥89.9M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are CN¥983.5M and CN¥268.5M respectively.
Key information
12.6%
Debt to equity ratio
CN¥89.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥198.39m |
| Equity | CN¥715.00m |
| Total liabilities | CN¥268.48m |
| Total assets | CN¥983.49m |
Financial Position Analysis
Short Term Liabilities: 600243's short term assets (CN¥590.2M) exceed its short term liabilities (CN¥217.9M).
Long Term Liabilities: 600243's short term assets (CN¥590.2M) exceed its long term liabilities (CN¥50.5M).
Debt to Equity History and Analysis
Debt Level: 600243 has more cash than its total debt.
Reducing Debt: 600243's debt to equity ratio has reduced from 22.5% to 12.6% 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: 600243 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 600243 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 10.3% each year.