Farasis Energy (Gan Zhou) Balance Sheet Health
Financial Health criteria checks 5/6
Farasis Energy (Gan Zhou) has a total shareholder equity of CN¥10.1B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are CN¥25.1B and CN¥15.0B respectively.
Key information
36.0%
Debt to equity ratio
CN¥3.63b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥7.39b |
| Equity | CN¥10.09b |
| Total liabilities | CN¥15.05b |
| Total assets | CN¥25.14b |
Recent financial health updates
Recent updates
Farasis Energy (Gan Zhou) Co., Ltd.'s (SHSE:688567) Price Is Right But Growth Is Lacking After Shares Rocket 37%
Sep 30
Farasis Energy (Gan Zhou) Co., Ltd. Beat Analyst Profit Forecasts, And Analysts Have New Estimates
Aug 27Market Cool On Farasis Energy (Gan Zhou) Co., Ltd.'s (SHSE:688567) Revenues
Jul 16Is Farasis Energy (Gan Zhou) (SHSE:688567) Using Debt In A Risky Way?
Jun 07Financial Position Analysis
Short Term Liabilities: 688567's short term assets (CN¥13.6B) exceed its short term liabilities (CN¥11.3B).
Long Term Liabilities: 688567's short term assets (CN¥13.6B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 688567 has more cash than its total debt.
Reducing Debt: 688567's debt to equity ratio has increased from 7.8% to 36% 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: 688567 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688567 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 6.4% each year