Chengdu Xinzhu Road&Bridge MachineryLTD Balance Sheet Health
Financial Health criteria checks 3/6
Chengdu Xinzhu Road&Bridge MachineryLTD has a total shareholder equity of CN¥2.4B and total debt of CN¥7.5B, which brings its debt-to-equity ratio to 312.2%. Its total assets and total liabilities are CN¥14.7B and CN¥12.3B respectively. Chengdu Xinzhu Road&Bridge MachineryLTD's EBIT is CN¥100.8M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥1.4B.
Key information
312.2%
Debt to equity ratio
CN¥7.52b
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥1.36b |
| Equity | CN¥2.41b |
| Total liabilities | CN¥12.33b |
| Total assets | CN¥14.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002480's short term assets (CN¥6.1B) do not cover its short term liabilities (CN¥6.3B).
Long Term Liabilities: 002480's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥6.1B).
Debt to Equity History and Analysis
Debt Level: 002480's net debt to equity ratio (255.7%) is considered high.
Reducing Debt: 002480's debt to equity ratio has increased from 104.3% to 312.2% 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: 002480 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002480 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 25% each year.