Zhejiang Busen Garments Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Busen Garments has a total shareholder equity of CN¥84.8M and total debt of CN¥2.2M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥227.8M and CN¥143.1M respectively.
Key information
2.5%
Debt to equity ratio
CN¥2.16m
Debt
Interest coverage ratio | n/a |
Cash | CN¥20.46m |
Equity | CN¥84.76m |
Total liabilities | CN¥143.09m |
Total assets | CN¥227.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002569's short term assets (CN¥136.8M) exceed its short term liabilities (CN¥116.8M).
Long Term Liabilities: 002569's short term assets (CN¥136.8M) exceed its long term liabilities (CN¥26.3M).
Debt to Equity History and Analysis
Debt Level: 002569 has more cash than its total debt.
Reducing Debt: 002569's debt to equity ratio has increased from 0% to 2.5% 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: 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 5.9% each year.