Wafangdian Bearing Balance Sheet Health
Financial Health criteria checks 3/6
Wafangdian Bearing has a total shareholder equity of CN¥346.8M and total debt of CN¥697.5M, which brings its debt-to-equity ratio to 201.1%. Its total assets and total liabilities are CN¥3.2B and CN¥2.8B respectively.
Key information
201.1%
Debt to equity ratio
CN¥697.45m
Debt
Interest coverage ratio | n/a |
Cash | CN¥181.58m |
Equity | CN¥346.83m |
Total liabilities | CN¥2.83b |
Total assets | CN¥3.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200706's short term assets (CN¥2.5B) do not cover its short term liabilities (CN¥2.6B).
Long Term Liabilities: 200706's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥192.8M).
Debt to Equity History and Analysis
Debt Level: 200706's net debt to equity ratio (148.7%) is considered high.
Reducing Debt: 200706's debt to equity ratio has increased from 41.2% to 201.1% 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: Whilst unprofitable 200706 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 200706 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 25.4% per year.