Guangdong Wanlima Industry Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Wanlima Industry has a total shareholder equity of CN¥500.9M and total debt of CN¥177.9M, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are CN¥1.0B and CN¥508.0M respectively.
Key information
35.5%
Debt to equity ratio
CN¥177.89m
Debt
Interest coverage ratio | n/a |
Cash | CN¥112.76m |
Equity | CN¥500.95m |
Total liabilities | CN¥507.98m |
Total assets | CN¥1.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300591's short term assets (CN¥686.0M) exceed its short term liabilities (CN¥482.7M).
Long Term Liabilities: 300591's short term assets (CN¥686.0M) exceed its long term liabilities (CN¥25.3M).
Debt to Equity History and Analysis
Debt Level: 300591's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: 300591's debt to equity ratio has reduced from 69.3% to 35.5% 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: 300591 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300591 has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 6% each year.