Shaanxi Aerospace Power Hi-Tech Balance Sheet Health
Financial Health criteria checks 3/6
Shaanxi Aerospace Power Hi-Tech has a total shareholder equity of CN¥1.7B and total debt of CN¥442.0M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively.
Key information
26.6%
Debt to equity ratio
CN¥442.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥220.11m |
Equity | CN¥1.66b |
Total liabilities | CN¥1.39b |
Total assets | CN¥3.05b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600343's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600343's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥241.3M).
Debt to Equity History and Analysis
Debt Level: 600343's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: 600343's debt to equity ratio has increased from 21.4% to 26.6% 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: 600343 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600343 has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.3% each year.