Cedar DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Cedar DevelopmentLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥291.1M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are CN¥1.9B and CN¥561.5M respectively.
Key information
21.3%
Debt to equity ratio
CN¥291.12m
Debt
Interest coverage ratio | n/a |
Cash | CN¥161.00m |
Equity | CN¥1.37b |
Total liabilities | CN¥561.54m |
Total assets | CN¥1.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002485's short term assets (CN¥453.3M) do not cover its short term liabilities (CN¥555.5M).
Long Term Liabilities: 002485's short term assets (CN¥453.3M) exceed its long term liabilities (CN¥6.1M).
Debt to Equity History and Analysis
Debt Level: 002485's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: 002485's debt to equity ratio has increased from 2.9% to 21.3% 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: 002485 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002485 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.6% each year.