Ningbo Xianfeng New MaterialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Ningbo Xianfeng New MaterialLtd has a total shareholder equity of CN¥488.6M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥577.8M and CN¥89.2M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥55.39m |
| Equity | CN¥488.62m |
| Total liabilities | CN¥89.16m |
| Total assets | CN¥577.78m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300163's short term assets (CN¥291.5M) exceed its short term liabilities (CN¥26.9M).
Long Term Liabilities: 300163's short term assets (CN¥291.5M) exceed its long term liabilities (CN¥62.2M).
Debt to Equity History and Analysis
Debt Level: 300163 is debt free.
Reducing Debt: 300163 has no debt compared to 5 years ago when its debt to equity ratio was 42.8%.
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: 300163 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 300163 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.