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¥683.1M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are CN¥3.2B and CN¥1.6B respectively.
Key information
41.1%
Debt to equity ratio
CN¥683.11m
Debt
Interest coverage ratio | n/a |
Cash | CN¥653.74m |
Equity | CN¥1.66b |
Total liabilities | CN¥1.58b |
Total assets | CN¥3.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002708's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002708's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥76.9M).
Debt to Equity History and Analysis
Debt Level: 002708's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 002708's debt to equity ratio has increased from 19.1% to 41.1% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 002708 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 51.2% each year