Zhejiang Reclaim Construction Group Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Reclaim Construction Group has a total shareholder equity of CN¥3.0B and total debt of CN¥995.7M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are CN¥7.3B and CN¥4.2B respectively.
Key information
32.8%
Debt to equity ratio
CN¥995.71m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.09b |
| Equity | CN¥3.04b |
| Total liabilities | CN¥4.25b |
| Total assets | CN¥7.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002586's short term assets (CN¥3.9B) do not cover its short term liabilities (CN¥3.9B).
Long Term Liabilities: 002586's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥338.9M).
Debt to Equity History and Analysis
Debt Level: 002586 has more cash than its total debt.
Reducing Debt: 002586's debt to equity ratio has reduced from 48.6% to 32.8% 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 1.7 years if free cash flow continues to grow at historical rates of 13.5% each year.