Zhejiang Reclaim Construction Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Reclaim Construction Group has a total shareholder equity of CN¥3.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are CN¥7.3B and CN¥4.2B respectively.
Key information
35.2%
Debt to equity ratio
CN¥1.08b
Debt
Interest coverage ratio | n/a |
Cash | CN¥765.95m |
Equity | CN¥3.05b |
Total liabilities | CN¥4.20b |
Total assets | CN¥7.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002586's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002586's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥349.0M).
Debt to Equity History and Analysis
Debt Level: 002586's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: 002586's debt to equity ratio has reduced from 56.4% to 35.2% 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: 002586 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002586 has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 12.2% each year.