Hubei Wanrun New Energy TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hubei Wanrun New Energy TechnologyLtd has a total shareholder equity of CN¥6.4B and total debt of CN¥8.1B, which brings its debt-to-equity ratio to 125.9%. Its total assets and total liabilities are CN¥18.2B and CN¥11.8B respectively.
Key information
125.9%
Debt to equity ratio
CN¥8.08b
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.69b |
Equity | CN¥6.42b |
Total liabilities | CN¥11.80b |
Total assets | CN¥18.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688275's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 688275's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥5.0B).
Debt to Equity History and Analysis
Debt Level: 688275's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: 688275's debt to equity ratio has increased from 31.5% to 125.9% 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: 688275 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688275 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 37.6% each year.