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Jinzhou Cihang Group Balance Sheet Health
Financial Health criteria checks 4/6
Key information
1,229.4%
Debt to equity ratio
CN¥618.18m
Debt
Interest coverage ratio | n/a |
Cash | CN¥22.43m |
Equity | CN¥50.28m |
Total liabilities | CN¥1.03b |
Total assets | CN¥1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000587's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 000587's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥4.1M).
Debt to Equity History and Analysis
Debt Level: 000587's net debt to equity ratio (1184.8%) is considered high.
Reducing Debt: 000587's debt to equity ratio has increased from 216.3% to 1229.4% 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: Whilst unprofitable 000587 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000587 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.4% per year.