A-Zenith Home Furnishings Balance Sheet Health
Financial Health criteria checks 2/6
A-Zenith Home Furnishings has a total shareholder equity of CN¥307.4M and total debt of CN¥45.1M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are CN¥590.4M and CN¥283.0M respectively.
Key information
14.7%
Debt to equity ratio
CN¥45.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥9.03m |
| Equity | CN¥307.38m |
| Total liabilities | CN¥283.04m |
| Total assets | CN¥590.42m |
Recent financial health updates
No updates
Recent updates
A-Zenith Home Furnishings Co., Ltd.'s (SHSE:603389) 37% Share Price Surge Not Quite Adding Up
Aug 09
More Unpleasant Surprises Could Be In Store For A-Zenith Home Furnishings Co., Ltd.'s (SHSE:603389) Shares After Tumbling 38%
Apr 25Subdued Growth No Barrier To A-Zenith Home Furnishings Co., Ltd. (SHSE:603389) With Shares Advancing 28%
Mar 11Financial Position Analysis
Short Term Liabilities: 603389's short term assets (CN¥198.5M) do not cover its short term liabilities (CN¥207.8M).
Long Term Liabilities: 603389's short term assets (CN¥198.5M) exceed its long term liabilities (CN¥75.2M).
Debt to Equity History and Analysis
Debt Level: 603389's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 603389's debt to equity ratio has increased from 0% to 14.7% 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: 603389 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 603389 has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.4% each year.