Jiangsu Nonghua Intelligent Agriculture Technologyltd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Nonghua Intelligent Agriculture Technologyltd has a total shareholder equity of CN¥2.5B and total debt of CN¥62.1M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥3.5B and CN¥1.0B respectively.
Key information
2.5%
Debt to equity ratio
CN¥62.08m
Debt
Interest coverage ratio | n/a |
Cash | CN¥344.44m |
Equity | CN¥2.49b |
Total liabilities | CN¥1.04b |
Total assets | CN¥3.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000816's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥914.2M).
Long Term Liabilities: 000816's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥124.8M).
Debt to Equity History and Analysis
Debt Level: 000816 has more cash than its total debt.
Reducing Debt: 000816's debt to equity ratio has reduced from 15.3% to 2.5% 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: 000816 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 000816 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 3.9% each year