Shenzhen HEKEDA Precision Cleaning Equipment Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen HEKEDA Precision Cleaning Equipment has a total shareholder equity of CN¥243.6M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥354.0M and CN¥110.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥12.40m |
| Equity | CN¥243.64m |
| Total liabilities | CN¥110.36m |
| Total assets | CN¥354.01m |
Recent financial health updates
Recent updates
Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd.'s (SZSE:002816) 25% Share Price Surge Not Quite Adding Up
Nov 12
Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd.'s (SZSE:002816) 53% Price Boost Is Out Of Tune With Revenues
Sep 28Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd.'s (SZSE:002816) Shares May Have Run Too Fast Too Soon
Aug 14Subdued Growth No Barrier To Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. (SZSE:002816) With Shares Advancing 26%
Mar 19We Think Shenzhen HEKEDA Precision Cleaning Equipment (SZSE:002816) Can Afford To Drive Business Growth
Feb 27Financial Position Analysis
Short Term Liabilities: 002816's short term assets (CN¥266.6M) exceed its short term liabilities (CN¥102.2M).
Long Term Liabilities: 002816's short term assets (CN¥266.6M) exceed its long term liabilities (CN¥8.1M).
Debt to Equity History and Analysis
Debt Level: 002816 is debt free.
Reducing Debt: 002816 has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.
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: 002816 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002816 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.2% each year