Shaanxi Aerospace Power Hi-Tech Balance Sheet Health
Financial Health criteria checks 3/6
Shaanxi Aerospace Power Hi-Tech has a total shareholder equity of CN¥1.6B and total debt of CN¥404.0M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are CN¥3.0B and CN¥1.4B respectively.
Key information
24.8%
Debt to equity ratio
CN¥404.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥148.58m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥1.40b |
| Total assets | CN¥3.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600343's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 600343's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥247.4M).
Debt to Equity History and Analysis
Debt Level: 600343's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 600343's debt to equity ratio has increased from 13.6% to 24.8% 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: 600343 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600343 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.9% each year