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¥1.3B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are CN¥3.2B and CN¥1.9B respectively.
Key information
90.8%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥11.04m |
| Equity | CN¥1.28b |
| Total liabilities | CN¥1.93b |
| Total assets | CN¥3.21b |
Recent financial health updates
No updates
Recent updates
Shandong Ruyi Woolen Garment Group Co., Ltd.'s (SZSE:002193) 27% Share Price Surge Not Quite Adding Up
Sep 28
There's Reason For Concern Over Shandong Ruyi Woolen Garment Group Co., Ltd.'s (SZSE:002193) Massive 25% Price Jump
Jul 31Some Shandong Ruyi Woolen Garment Group Co., Ltd. (SZSE:002193) Shareholders Look For Exit As Shares Take 26% Pounding
Jun 13Financial Position Analysis
Short Term Liabilities: 002193's short term assets (CN¥898.2M) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002193's short term assets (CN¥898.2M) exceed its long term liabilities (CN¥22.5M).
Debt to Equity History and Analysis
Debt Level: 002193's net debt to equity ratio (89.9%) is considered high.
Reducing Debt: 002193's debt to equity ratio has increased from 46.9% to 90.8% 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: 002193 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002193 has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 11.1% each year.