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¥267.3M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥315.5M and CN¥48.2M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥20.09m |
| Equity | CN¥267.34m |
| Total liabilities | CN¥48.19m |
| Total assets | CN¥315.53m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002816's short term assets (CN¥237.8M) exceed its short term liabilities (CN¥37.0M).
Long Term Liabilities: 002816's short term assets (CN¥237.8M) exceed its long term liabilities (CN¥11.2M).
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 3.1%.
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 7.5% each year