Palm Eco-Town Development Balance Sheet Health
Financial Health criteria checks 1/6
Palm Eco-Town Development has a total shareholder equity of CN¥4.1B and total debt of CN¥6.7B, which brings its debt-to-equity ratio to 161.6%. Its total assets and total liabilities are CN¥19.8B and CN¥15.6B respectively.
Key information
161.6%
Debt to equity ratio
CN¥6.67b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥568.18m |
| Equity | CN¥4.12b |
| Total liabilities | CN¥15.64b |
| Total assets | CN¥19.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002431's short term assets (CN¥11.9B) do not cover its short term liabilities (CN¥14.5B).
Long Term Liabilities: 002431's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002431's net debt to equity ratio (147.9%) is considered high.
Reducing Debt: 002431's debt to equity ratio has increased from 87.6% to 161.6% 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: Insufficient data to determine if 002431 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002431 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.