Jiangsu Boamax Technologies GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Jiangsu Boamax Technologies GroupLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥767.6M, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are CN¥3.0B and CN¥1.8B respectively.
Key information
63.7%
Debt to equity ratio
CN¥767.61m
Debt
Interest coverage ratio | n/a |
Cash | CN¥101.75m |
Equity | CN¥1.20b |
Total liabilities | CN¥1.79b |
Total assets | CN¥2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002514's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002514's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥343.7M).
Debt to Equity History and Analysis
Debt Level: 002514's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 002514's debt to equity ratio has increased from 30.2% to 63.7% 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: Insufficient data to determine if 002514 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002514 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.