Hubei Wanrun New Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hubei Wanrun New Energy TechnologyLtd has a total shareholder equity of CN¥5.9B and total debt of CN¥6.8B, which brings its debt-to-equity ratio to 115.3%. Its total assets and total liabilities are CN¥16.9B and CN¥11.0B respectively.
Key information
115.3%
Debt to equity ratio
CN¥6.79b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.03b |
| Equity | CN¥5.89b |
| Total liabilities | CN¥10.98b |
| Total assets | CN¥16.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688275's short term assets (CN¥6.6B) do not cover its short term liabilities (CN¥7.4B).
Long Term Liabilities: 688275's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 688275's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: 688275's debt to equity ratio has increased from 25.9% to 115.3% 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 688275 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 688275 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23% per year.