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¥633.2M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥3.2B and CN¥1.6B respectively.
Key information
37.6%
Debt to equity ratio
CN¥633.19m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥569.76m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥1.56b |
| Total assets | CN¥3.24b |
Financial Position Analysis
Short Term Liabilities: 002708's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002708's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥131.4M).
Debt to Equity History and Analysis
Debt Level: 002708's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: 002708's debt to equity ratio has increased from 19.2% to 37.6% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 002708 has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 49.4% each year.