Zhejiang Busen Garments Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Busen Garments has a total shareholder equity of CN¥79.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥237.5M and CN¥158.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥11.14m |
| Equity | CN¥79.08m |
| Total liabilities | CN¥158.41m |
| Total assets | CN¥237.50m |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Zhejiang Busen Garments Co., Ltd. (SZSE:002569) After Shares Rise 29%
Nov 04
Zhejiang Busen Garments Co., Ltd.'s (SZSE:002569) Popularity With Investors Is Under Threat From Overpricing
Sep 06Revenues Not Telling The Story For Zhejiang Busen Garments Co., Ltd. (SZSE:002569) After Shares Rise 41%
May 21Zhejiang Busen Garments Co., Ltd.'s (SZSE:002569) 28% Price Boost Is Out Of Tune With Revenues
Mar 09Financial Position Analysis
Short Term Liabilities: 002569's short term assets (CN¥148.1M) exceed its short term liabilities (CN¥127.0M).
Long Term Liabilities: 002569's short term assets (CN¥148.1M) exceed its long term liabilities (CN¥31.4M).
Debt to Equity History and Analysis
Debt Level: 002569 is debt free.
Reducing Debt: 002569 had no debt 5 years ago.
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: 002569 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002569 has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.4% each year.