XinJiang GuoTong PipelineLtd Balance Sheet Health
Financial Health criteria checks 2/6
XinJiang GuoTong PipelineLtd has a total shareholder equity of CN¥740.7M and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 297.3%. Its total assets and total liabilities are CN¥4.1B and CN¥3.3B respectively. XinJiang GuoTong PipelineLtd's EBIT is CN¥880.6K making its interest coverage ratio 0. It has cash and short-term investments of CN¥87.8M.
Key information
297.3%
Debt to equity ratio
CN¥2.20b
Debt
| Interest coverage ratio | 0.009x |
| Cash | CN¥87.79m |
| Equity | CN¥740.71m |
| Total liabilities | CN¥3.32b |
| Total assets | CN¥4.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002205's short term assets (CN¥1.1B) do not cover its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002205's short term assets (CN¥1.1B) do not cover its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002205's net debt to equity ratio (285.4%) is considered high.
Reducing Debt: 002205's debt to equity ratio has increased from 133.4% to 297.3% 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 002205 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002205 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.3% per year.