Xingyuan Environment Technology Balance Sheet Health
Financial Health criteria checks 2/6
Xingyuan Environment Technology has a total shareholder equity of CN¥836.8M and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 707.7%. Its total assets and total liabilities are CN¥9.6B and CN¥8.8B respectively.
Key information
707.7%
Debt to equity ratio
CN¥5.92b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥374.36m |
| Equity | CN¥836.83m |
| Total liabilities | CN¥8.81b |
| Total assets | CN¥9.65b |
Financial Position Analysis
Short Term Liabilities: 300266's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥5.8B).
Long Term Liabilities: 300266's short term assets (CN¥2.8B) do not cover its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 300266's net debt to equity ratio (663%) is considered high.
Reducing Debt: 300266's debt to equity ratio has increased from 115% to 707.7% 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 300266 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300266 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.2% per year.