Wuhan Golden Laser Balance Sheet Health
Financial Health criteria checks 5/6
Wuhan Golden Laser has a total shareholder equity of CN¥71.5M and total debt of CN¥49.6M, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are CN¥291.8M and CN¥220.3M respectively.
Key information
69.3%
Debt to equity ratio
CN¥49.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥36.72m |
| Equity | CN¥71.51m |
| Total liabilities | CN¥220.30m |
| Total assets | CN¥291.81m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300220's short term assets (CN¥155.7M) exceed its short term liabilities (CN¥148.3M).
Long Term Liabilities: 300220's short term assets (CN¥155.7M) exceed its long term liabilities (CN¥72.0M).
Debt to Equity History and Analysis
Debt Level: 300220's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 300220's debt to equity ratio has increased from 10% to 69.3% 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: 300220 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300220 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 5.5% each year.