Zhejiang Unifull Industrial Fibre Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Unifull Industrial Fibre has a total shareholder equity of CN¥929.3M and total debt of CN¥698.4M, which brings its debt-to-equity ratio to 75.2%. Its total assets and total liabilities are CN¥2.4B and CN¥1.4B respectively.
Key information
75.2%
Debt to equity ratio
CN¥698.35m
Debt
Interest coverage ratio | n/a |
Cash | CN¥189.10m |
Equity | CN¥929.27m |
Total liabilities | CN¥1.42b |
Total assets | CN¥2.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002427's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥786.6M).
Long Term Liabilities: 002427's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥634.6M).
Debt to Equity History and Analysis
Debt Level: 002427's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: 002427's debt to equity ratio has reduced from 489.1% to 75.2% 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 3 years based on its current free cash flow.
Forecast Cash Runway: 002427 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 35.5% each year