Guirenniao Balance Sheet Health
Financial Health criteria checks 4/6
Guirenniao has a total shareholder equity of CN¥1.6B and total debt of CN¥308.0M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are CN¥2.7B and CN¥1.0B respectively. Guirenniao's EBIT is CN¥54.7M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥46.9M.
Key information
18.8%
Debt to equity ratio
CN¥307.98m
Debt
Interest coverage ratio | 4.3x |
Cash | CN¥46.87m |
Equity | CN¥1.64b |
Total liabilities | CN¥1.02b |
Total assets | CN¥2.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603555's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥921.3M).
Long Term Liabilities: 603555's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥95.9M).
Debt to Equity History and Analysis
Debt Level: 603555's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 603555's debt to equity ratio has reduced from 119.3% to 18.8% 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: 603555 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 603555 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.1% each year