Jiangxi Special Electric MotorLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangxi Special Electric MotorLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are CN¥6.8B and CN¥3.0B respectively.
Key information
34.2%
Debt to equity ratio
CN¥1.30b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥811.14m |
| Equity | CN¥3.81b |
| Total liabilities | CN¥2.96b |
| Total assets | CN¥6.77b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002176's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002176's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥850.4M).
Debt to Equity History and Analysis
Debt Level: 002176's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: 002176's debt to equity ratio has reduced from 79% to 34.2% 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 002176 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002176 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 58.3% per year.