Shenke Slide Bearing Balance Sheet Health
Financial Health criteria checks 5/6
Shenke Slide Bearing has a total shareholder equity of CN¥412.5M and total debt of CN¥103.9M, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are CN¥657.0M and CN¥244.5M respectively.
Key information
25.2%
Debt to equity ratio
CN¥103.90m
Debt
Interest coverage ratio | n/a |
Cash | CN¥61.13m |
Equity | CN¥412.47m |
Total liabilities | CN¥244.49m |
Total assets | CN¥656.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002633's short term assets (CN¥425.2M) exceed its short term liabilities (CN¥240.2M).
Long Term Liabilities: 002633's short term assets (CN¥425.2M) exceed its long term liabilities (CN¥4.3M).
Debt to Equity History and Analysis
Debt Level: 002633's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 002633's debt to equity ratio has increased from 0% to 25.2% 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: 002633 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002633 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 7.5% each year.