Runjian Balance Sheet Health
Financial Health criteria checks 4/6
Runjian has a total shareholder equity of CN¥6.1B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are CN¥14.6B and CN¥8.5B respectively. Runjian's EBIT is CN¥490.7M making its interest coverage ratio 80.3. It has cash and short-term investments of CN¥1.0B.
Key information
44.8%
Debt to equity ratio
CN¥2.74b
Debt
Interest coverage ratio | 80.3x |
Cash | CN¥1.00b |
Equity | CN¥6.13b |
Total liabilities | CN¥8.49b |
Total assets | CN¥14.62b |
Recent financial health updates
These 4 Measures Indicate That Runjian (SZSE:002929) Is Using Debt Extensively
Jul 15Here's Why Runjian (SZSE:002929) Can Manage Its Debt Responsibly
Mar 20Recent updates
These 4 Measures Indicate That Runjian (SZSE:002929) Is Using Debt Extensively
Jul 15Here's What To Make Of Runjian's (SZSE:002929) Decelerating Rates Of Return
Jun 10Why Runjian's (SZSE:002929) Shaky Earnings Are Just The Beginning Of Its Problems
May 06Little Excitement Around Runjian Co., Ltd.'s (SZSE:002929) Earnings As Shares Take 27% Pounding
Apr 22Here's Why Runjian (SZSE:002929) Can Manage Its Debt Responsibly
Mar 20Runjian Co., Ltd.'s (SZSE:002929) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Mar 01Financial Position Analysis
Short Term Liabilities: 002929's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: 002929's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥95.0M).
Debt to Equity History and Analysis
Debt Level: 002929's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: 002929's debt to equity ratio has increased from 6.8% to 44.8% over the past 5 years.
Debt Coverage: 002929's debt is not well covered by operating cash flow (0.07%).
Interest Coverage: 002929's interest payments on its debt are well covered by EBIT (80.3x coverage).