Shandong Ruyi Woolen Garment Group Balance Sheet Health
Financial Health criteria checks 3/6
Shandong Ruyi Woolen Garment Group has a total shareholder equity of CN¥1.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 95.4%. Its total assets and total liabilities are CN¥3.2B and CN¥2.0B respectively.
Key information
95.4%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥16.11m |
| Equity | CN¥1.21b |
| Total liabilities | CN¥2.01b |
| Total assets | CN¥3.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002193's short term assets (CN¥882.0M) do not cover its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002193's short term assets (CN¥882.0M) exceed its long term liabilities (CN¥23.1M).
Debt to Equity History and Analysis
Debt Level: 002193's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: 002193's debt to equity ratio has increased from 41.6% to 95.4% 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 002193 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002193 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.3% per year.