Nanfang Ventilator Balance Sheet Health
Financial Health criteria checks 6/6
Nanfang Ventilator has a total shareholder equity of CN¥1.7B and total debt of CN¥451.5K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are CN¥2.0B and CN¥275.3M respectively. Nanfang Ventilator's EBIT is CN¥29.8M making its interest coverage ratio -3.9. It has cash and short-term investments of CN¥438.7M.
Key information
0.03%
Debt to equity ratio
CN¥451.49k
Debt
Interest coverage ratio | -3.9x |
Cash | CN¥438.68m |
Equity | CN¥1.69b |
Total liabilities | CN¥275.25m |
Total assets | CN¥1.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300004's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥272.8M).
Long Term Liabilities: 300004's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 300004 has more cash than its total debt.
Reducing Debt: 300004's debt to equity ratio has reduced from 7.4% to 0.03% 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: 300004 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300004 has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 6% each year.