Wafangdian Bearing Balance Sheet Health
Financial Health criteria checks 3/6
Wafangdian Bearing has a total shareholder equity of CN¥323.6M and total debt of CN¥688.9M, which brings its debt-to-equity ratio to 212.9%. Its total assets and total liabilities are CN¥3.5B and CN¥3.1B respectively.
Key information
212.9%
Debt to equity ratio
CN¥688.90m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥250.33m |
| Equity | CN¥323.58m |
| Total liabilities | CN¥3.13b |
| Total assets | CN¥3.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 200706's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥2.9B).
Long Term Liabilities: 200706's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥193.6M).
Debt to Equity History and Analysis
Debt Level: 200706's net debt to equity ratio (135.5%) is considered high.
Reducing Debt: 200706's debt to equity ratio has increased from 48.4% to 212.9% 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 10% per year.