Mubang High-TechLtd Balance Sheet Health
Financial Health criteria checks 2/6
Mubang High-TechLtd has a total shareholder equity of CN¥2.0B and total debt of CN¥632.9M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are CN¥5.3B and CN¥3.3B respectively.
Key information
31.8%
Debt to equity ratio
CN¥632.92m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥422.24m |
| Equity | CN¥1.99b |
| Total liabilities | CN¥3.32b |
| Total assets | CN¥5.30b |
Financial Position Analysis
Short Term Liabilities: 603398's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 603398's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥545.4M).
Debt to Equity History and Analysis
Debt Level: 603398's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: 603398's debt to equity ratio has increased from 5.5% to 31.8% 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: 603398 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 603398 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.7% each year