Ningbo PIA Automation Holding Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo PIA Automation Holding has a total shareholder equity of CN¥1.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are CN¥5.0B and CN¥3.3B respectively.
Key information
64.7%
Debt to equity ratio
CN¥1.13b
Debt
Interest coverage ratio | n/a |
Cash | CN¥798.59m |
Equity | CN¥1.74b |
Total liabilities | CN¥3.29b |
Total assets | CN¥5.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688306's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 688306's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥902.2M).
Debt to Equity History and Analysis
Debt Level: 688306's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: 688306's debt to equity ratio has reduced from 1266.9% to 64.7% 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: 688306 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688306 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 11.5% each year