Kexin DevelopmentLtdShanxi Balance Sheet Health
Financial Health criteria checks 4/6
Kexin DevelopmentLtdShanxi has a total shareholder equity of CN¥439.1M and total debt of CN¥1.7M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥661.9M and CN¥222.8M respectively.
Key information
0.4%
Debt to equity ratio
CN¥1.71m
Debt
Interest coverage ratio | n/a |
Cash | CN¥59.90m |
Equity | CN¥439.10m |
Total liabilities | CN¥222.80m |
Total assets | CN¥661.90m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600234's short term assets (CN¥228.3M) exceed its short term liabilities (CN¥127.6M).
Long Term Liabilities: 600234's short term assets (CN¥228.3M) exceed its long term liabilities (CN¥95.2M).
Debt to Equity History and Analysis
Debt Level: 600234 has more cash than its total debt.
Reducing Debt: 600234's debt to equity ratio has reduced from 423.6% to 0.4% 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: 600234 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600234 has less than a year of cash runway if free cash flow continues to grow at historical rates of 25.8% each year.