Hunan Baili Engineering Sci&TechLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hunan Baili Engineering Sci&TechLtd has a total shareholder equity of CN¥509.6M and total debt of CN¥629.0M, which brings its debt-to-equity ratio to 123.4%. Its total assets and total liabilities are CN¥4.1B and CN¥3.6B respectively.
Key information
123.4%
Debt to equity ratio
CN¥628.97m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥514.43m |
| Equity | CN¥509.61m |
| Total liabilities | CN¥3.57b |
| Total assets | CN¥4.08b |
Financial Position Analysis
Short Term Liabilities: 603959's short term assets (CN¥3.3B) do not cover its short term liabilities (CN¥3.5B).
Long Term Liabilities: 603959's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥23.0M).
Debt to Equity History and Analysis
Debt Level: 603959's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: 603959's debt to equity ratio has increased from 74.2% to 123.4% 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: Whilst unprofitable 603959 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603959 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.8% per year.