Farasis Energy (Gan Zhou) Balance Sheet Health
Financial Health criteria checks 5/6
Farasis Energy (Gan Zhou) has a total shareholder equity of CN¥10.2B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are CN¥29.1B and CN¥18.9B respectively.
Key information
41.5%
Debt to equity ratio
CN¥4.21b
Debt
Interest coverage ratio | n/a |
Cash | CN¥9.74b |
Equity | CN¥10.16b |
Total liabilities | CN¥18.93b |
Total assets | CN¥29.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688567's short term assets (CN¥18.1B) exceed its short term liabilities (CN¥14.7B).
Long Term Liabilities: 688567's short term assets (CN¥18.1B) exceed its long term liabilities (CN¥4.2B).
Debt to Equity History and Analysis
Debt Level: 688567 has more cash than its total debt.
Reducing Debt: 688567's debt to equity ratio has increased from 5.7% to 41.5% 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: 688567 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688567 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 2.8% each year