Changzhou Nrb Balance Sheet Health
Financial Health criteria checks 5/6
Changzhou Nrb has a total shareholder equity of CN¥1.7B and total debt of CN¥757.1M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are CN¥3.3B and CN¥1.5B respectively.
Key information
43.6%
Debt to equity ratio
CN¥757.08m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥446.51m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥3.28b |
Recent financial health updates
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?
Oct 28
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?
Jun 05Recent updates
Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?
Oct 28Changzhou Nrb Corporation's (SZSE:002708) Shares Climb 30% But Its Business Is Yet to Catch Up
Oct 28Risks To Shareholder Returns Are Elevated At These Prices For Changzhou Nrb Corporation (SZSE:002708)
Jul 12Is Changzhou Nrb (SZSE:002708) Using Too Much Debt?
Jun 05Changzhou Nrb Corporation's (SZSE:002708) 27% Price Boost Is Out Of Tune With Revenues
Mar 04Financial Position Analysis
Short Term Liabilities: 002708's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002708's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥90.8M).
Debt to Equity History and Analysis
Debt Level: 002708's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: 002708's debt to equity ratio has increased from 17% to 43.6% 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: 002708 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002708 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 45.4% each year.