Hunan Boyun New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hunan Boyun New MaterialsLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥350.0M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are CN¥2.9B and CN¥805.6M respectively. Hunan Boyun New MaterialsLtd's EBIT is CN¥5.0M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥535.1M.
Key information
16.5%
Debt to equity ratio
CN¥350.00m
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥535.15m |
| Equity | CN¥2.13b |
| Total liabilities | CN¥805.63m |
| Total assets | CN¥2.93b |
Recent financial health updates
Recent updates
Some Shareholders Feeling Restless Over Hunan Boyun New Materials Co.,Ltd's (SZSE:002297) P/S Ratio
Sep 26
Hunan Boyun New MaterialsLtd (SZSE:002297) Might Have The Makings Of A Multi-Bagger
Aug 01Here's Why Hunan Boyun New MaterialsLtd (SZSE:002297) Has A Meaningful Debt Burden
May 30Shareholders Will Be Pleased With The Quality of Hunan Boyun New MaterialsLtd's (SZSE:002297) Earnings
Apr 09Hunan Boyun New Materials Co.,Ltd (SZSE:002297) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 002297's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥676.3M).
Long Term Liabilities: 002297's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥129.3M).
Debt to Equity History and Analysis
Debt Level: 002297 has more cash than its total debt.
Reducing Debt: 002297's debt to equity ratio has reduced from 22.3% to 16.5% 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: Insufficient data to determine if 002297 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002297 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.