Shenzhen Magic Design & Decoration Engineering Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Magic Design & Decoration Engineering has a total shareholder equity of CN¥356.0M and total debt of CN¥602.7M, which brings its debt-to-equity ratio to 169.3%. Its total assets and total liabilities are CN¥2.1B and CN¥1.7B respectively.
Key information
169.3%
Debt to equity ratio
CN¥602.73m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥76.07m |
| Equity | CN¥355.98m |
| Total liabilities | CN¥1.70b |
| Total assets | CN¥2.06b |
Recent financial health updates
No updates
Recent updates
Shenzhen Magic Design & Decoration Engineering Co., Ltd.'s (SZSE:002856) 33% Price Boost Is Out Of Tune With Revenues
Sep 30
Some Shenzhen Magic Design & Decoration Engineering Co., Ltd. (SZSE:002856) Shareholders Look For Exit As Shares Take 27% Pounding
Apr 21Shenzhen Magic Design & Decoration Engineering Co., Ltd.'s (SZSE:002856) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Feb 26Financial Position Analysis
Short Term Liabilities: 002856's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002856's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥73.4M).
Debt to Equity History and Analysis
Debt Level: 002856's net debt to equity ratio (147.9%) is considered high.
Reducing Debt: 002856's debt to equity ratio has increased from 26.8% to 169.3% 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: 002856 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002856 has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.3% each year.