Greenworks (Jiangsu) Balance Sheet Health
Financial Health criteria checks 6/6
Greenworks (Jiangsu) has a total shareholder equity of CN¥4.4B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are CN¥8.8B and CN¥4.4B respectively.
Key information
43.3%
Debt to equity ratio
CN¥1.89b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.09b |
| Equity | CN¥4.36b |
| Total liabilities | CN¥4.45b |
| Total assets | CN¥8.81b |
Financial Position Analysis
Short Term Liabilities: 301260's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 301260's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥953.8M).
Debt to Equity History and Analysis
Debt Level: 301260 has more cash than its total debt.
Reducing Debt: 301260 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable 301260 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 301260 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.6% per year.