Hunan Baili Engineering Sci&TechLtd Balance Sheet Health
Financial Health criteria checks 3/6
Hunan Baili Engineering Sci&TechLtd has a total shareholder equity of CN¥412.7M and total debt of CN¥599.9M, which brings its debt-to-equity ratio to 145.4%. Its total assets and total liabilities are CN¥3.3B and CN¥2.8B respectively.
Key information
145.4%
Debt to equity ratio
CN¥599.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥170.49m |
| Equity | CN¥412.72m |
| Total liabilities | CN¥2.84b |
| Total assets | CN¥3.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603959's short term assets (CN¥2.5B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 603959's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥22.4M).
Debt to Equity History and Analysis
Debt Level: 603959's net debt to equity ratio (104.1%) is considered high.
Reducing Debt: 603959's debt to equity ratio has increased from 76.7% to 145.4% 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: 603959 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 603959 has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 2.8% each year.