Gifore Agricultural Science & Technology ServiceLtd Balance Sheet Health
Financial Health criteria checks 6/6
Gifore Agricultural Science & Technology ServiceLtd has a total shareholder equity of CN¥876.2M and total debt of CN¥366.9M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are CN¥2.1B and CN¥1.2B respectively. Gifore Agricultural Science & Technology ServiceLtd's EBIT is CN¥53.2M making its interest coverage ratio 7.1. It has cash and short-term investments of CN¥427.3M.
Key information
41.9%
Debt to equity ratio
CN¥366.87m
Debt
| Interest coverage ratio | 7.1x |
| Cash | CN¥427.28m |
| Equity | CN¥876.17m |
| Total liabilities | CN¥1.22b |
| Total assets | CN¥2.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300022's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300022's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥30.3M).
Debt to Equity History and Analysis
Debt Level: 300022 has more cash than its total debt.
Reducing Debt: 300022's debt to equity ratio has reduced from 125.9% to 41.9% 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 300022 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300022 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.4% per year.