Jinlong Machinery & ElectronicLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jinlong Machinery & ElectronicLtd has a total shareholder equity of CN¥714.1M and total debt of CN¥208.7M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CN¥1.8B and CN¥1.1B respectively.
Key information
29.2%
Debt to equity ratio
CN¥208.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥286.72m |
| Equity | CN¥714.12m |
| Total liabilities | CN¥1.06b |
| Total assets | CN¥1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300032's short term assets (CN¥947.3M) exceed its short term liabilities (CN¥826.1M).
Long Term Liabilities: 300032's short term assets (CN¥947.3M) exceed its long term liabilities (CN¥232.0M).
Debt to Equity History and Analysis
Debt Level: 300032 has more cash than its total debt.
Reducing Debt: 300032's debt to equity ratio has increased from 8.4% to 29.2% 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: 300032 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300032 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 25.4% each year.