Flower KingEco-Engineering Balance Sheet Health
Financial Health criteria checks 1/6
Flower KingEco-Engineering has a total shareholder equity of CN¥405.7M and total debt of CN¥630.9M, which brings its debt-to-equity ratio to 155.5%. Its total assets and total liabilities are CN¥2.3B and CN¥1.9B respectively.
Key information
155.5%
Debt to equity ratio
CN¥630.87m
Debt
Interest coverage ratio | n/a |
Cash | CN¥12.17m |
Equity | CN¥405.66m |
Total liabilities | CN¥1.89b |
Total assets | CN¥2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603007's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 603007's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥68.8M).
Debt to Equity History and Analysis
Debt Level: 603007's net debt to equity ratio (152.5%) is considered high.
Reducing Debt: 603007's debt to equity ratio has increased from 70.7% to 155.5% 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: 603007 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 603007 has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.3% each year.