Cedar DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 2/6
Cedar DevelopmentLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥290.7M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are CN¥1.8B and CN¥501.1M respectively.
Key information
21.7%
Debt to equity ratio
CN¥290.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥217.33m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥501.14m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002485's short term assets (CN¥402.3M) do not cover its short term liabilities (CN¥493.4M).
Long Term Liabilities: 002485's short term assets (CN¥402.3M) exceed its long term liabilities (CN¥7.7M).
Debt to Equity History and Analysis
Debt Level: 002485's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 002485's debt to equity ratio has increased from 2.5% to 21.7% 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 reduce at historical rates of 13.8% each year