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Ningxia Zhongyin Cashmere Balance Sheet Health
Financial Health criteria checks 6/6
Ningxia Zhongyin Cashmere has a total shareholder equity of CN¥1.1B and total debt of CN¥66.6M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CN¥1.4B and CN¥331.4M respectively.
Key information
6.0%
Debt to equity ratio
CN¥66.59m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥388.77m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥331.41m |
| Total assets | CN¥1.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000982's short term assets (CN¥932.2M) exceed its short term liabilities (CN¥314.9M).
Long Term Liabilities: 000982's short term assets (CN¥932.2M) exceed its long term liabilities (CN¥16.5M).
Debt to Equity History and Analysis
Debt Level: 000982 has more cash than its total debt.
Reducing Debt: 000982 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 000982 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000982 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25% per year.