Hezong Sience&Technology;Ltd Balance Sheet Health
Financial Health criteria checks 1/6
Hezong Sience&Technology;Ltd has a total shareholder equity of CN¥2.2B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 171.7%. Its total assets and total liabilities are CN¥9.1B and CN¥6.9B respectively.
Key information
171.7%
Debt to equity ratio
CN¥3.75b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥735.07m |
| Equity | CN¥2.18b |
| Total liabilities | CN¥6.92b |
| Total assets | CN¥9.10b |
Financial Position Analysis
Short Term Liabilities: 300477's short term assets (CN¥3.8B) do not cover its short term liabilities (CN¥4.7B).
Long Term Liabilities: 300477's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 300477's net debt to equity ratio (138%) is considered high.
Reducing Debt: 300477's debt to equity ratio has increased from 62% to 171.7% 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: 300477 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300477 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.6% each year