Gansu Golden Solar Balance Sheet Health
Financial Health criteria checks 0/6
Gansu Golden Solar has a total shareholder equity of CN¥-349.6M and total debt of CN¥2.3B, which brings its debt-to-equity ratio to -649.9%. Its total assets and total liabilities are CN¥3.0B and CN¥3.3B respectively.
Key information
-649.9%
Debt to equity ratio
CN¥2.27b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥135.08m |
| Equity | -CN¥349.57m |
| Total liabilities | CN¥3.32b |
| Total assets | CN¥2.97b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Gansu Golden Solar Co., Ltd (SZSE:300093) Shares Up 56% But Growth Is Lacking
Sep 30
Gansu Golden Solar Co., Ltd's (SZSE:300093) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 29Gansu Golden Solar Co., Ltd (SZSE:300093) Investors Are Less Pessimistic Than Expected
Feb 27Financial Position Analysis
Short Term Liabilities: 300093 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 300093 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 300093 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 300093's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: 300093 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300093 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.6% each year