Suzhou Kelida Building& DecorationLtd Balance Sheet Health
Financial Health criteria checks 3/6
Suzhou Kelida Building& DecorationLtd has a total shareholder equity of CN¥793.7M and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 235.2%. Its total assets and total liabilities are CN¥5.1B and CN¥4.3B respectively. Suzhou Kelida Building& DecorationLtd's EBIT is CN¥128.1M making its interest coverage ratio 18.1. It has cash and short-term investments of CN¥609.7M.
Key information
235.2%
Debt to equity ratio
CN¥1.87b
Debt
| Interest coverage ratio | 18.1x |
| Cash | CN¥609.71m |
| Equity | CN¥793.74m |
| Total liabilities | CN¥4.26b |
| Total assets | CN¥5.06b |
Financial Position Analysis
Short Term Liabilities: 603828's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥3.5B).
Long Term Liabilities: 603828's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥774.8M).
Debt to Equity History and Analysis
Debt Level: 603828's net debt to equity ratio (158.4%) is considered high.
Reducing Debt: 603828's debt to equity ratio has increased from 77.1% to 235.2% 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: Whilst unprofitable 603828 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603828 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.5% per year.