Hunan Corun New Energy Balance Sheet Health
Financial Health criteria checks 1/6
Hunan Corun New Energy has a total shareholder equity of CN¥3.2B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 101.7%. Its total assets and total liabilities are CN¥9.1B and CN¥5.9B respectively.
Key information
101.7%
Debt to equity ratio
CN¥3.23b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.51b |
Equity | CN¥3.18b |
Total liabilities | CN¥5.88b |
Total assets | CN¥9.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600478's short term assets (CN¥2.9B) do not cover its short term liabilities (CN¥3.8B).
Long Term Liabilities: 600478's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 600478's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: 600478's debt to equity ratio has increased from 35.7% to 101.7% 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 600478 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 600478 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.