Zhejiang Unifull Industrial Fibre Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Unifull Industrial Fibre has a total shareholder equity of CN¥920.8M and total debt of CN¥783.6M, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are CN¥2.6B and CN¥1.6B respectively.
Key information
85.1%
Debt to equity ratio
CN¥783.64m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥282.54m |
| Equity | CN¥920.84m |
| Total liabilities | CN¥1.63b |
| Total assets | CN¥2.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002427's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥853.1M).
Long Term Liabilities: 002427's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥776.3M).
Debt to Equity History and Analysis
Debt Level: 002427's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: 002427's debt to equity ratio has reduced from 499.8% to 85.1% 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: 002427 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002427 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 0% each year.