Better Life Commercial Chain ShareLtd Balance Sheet Health
Financial Health criteria checks 1/6
Better Life Commercial Chain ShareLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥10.2B, which brings its debt-to-equity ratio to 318.3%. Its total assets and total liabilities are CN¥23.9B and CN¥20.7B respectively.
Key information
318.3%
Debt to equity ratio
CN¥10.24b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥871.77m |
| Equity | CN¥3.22b |
| Total liabilities | CN¥20.69b |
| Total assets | CN¥23.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002251's short term assets (CN¥2.0B) do not cover its short term liabilities (CN¥14.6B).
Long Term Liabilities: 002251's short term assets (CN¥2.0B) do not cover its long term liabilities (CN¥6.1B).
Debt to Equity History and Analysis
Debt Level: 002251's net debt to equity ratio (291.3%) is considered high.
Reducing Debt: 002251's debt to equity ratio has increased from 73.6% to 318.3% 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: 002251 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002251 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.5% each year