Anhui Bossco Environmental Protection TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Anhui Bossco Environmental Protection TechnologyLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 183.3%. Its total assets and total liabilities are CN¥10.7B and CN¥8.4B respectively. Anhui Bossco Environmental Protection TechnologyLtd's EBIT is CN¥18.0M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥633.0M.
Key information
183.3%
Debt to equity ratio
CN¥4.21b
Debt
Interest coverage ratio | 0.1x |
Cash | CN¥632.98m |
Equity | CN¥2.30b |
Total liabilities | CN¥8.39b |
Total assets | CN¥10.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300422's short term assets (CN¥4.3B) do not cover its short term liabilities (CN¥6.4B).
Long Term Liabilities: 300422's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 300422's net debt to equity ratio (155.8%) is considered high.
Reducing Debt: 300422's debt to equity ratio has increased from 160.4% to 183.3% 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: Whilst unprofitable 300422 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300422 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.7% per year.