Guangdong Wenke Green TechnologyLtd Balance Sheet Health
Financial Health criteria checks 1/6
Guangdong Wenke Green TechnologyLtd has a total shareholder equity of CN¥329.1M and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 685.5%. Its total assets and total liabilities are CN¥5.9B and CN¥5.6B respectively.
Key information
685.5%
Debt to equity ratio
CN¥2.26b
Debt
Interest coverage ratio | n/a |
Cash | CN¥272.90m |
Equity | CN¥329.07m |
Total liabilities | CN¥5.57b |
Total assets | CN¥5.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002775's short term assets (CN¥3.0B) do not cover its short term liabilities (CN¥4.0B).
Long Term Liabilities: 002775's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 002775's net debt to equity ratio (602.6%) is considered high.
Reducing Debt: 002775's debt to equity ratio has increased from 17% to 685.5% 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: 002775 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002775 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.1% each year