Shanghai Xinnanyang Only Education & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Xinnanyang Only Education & TechnologyLtd has a total shareholder equity of CN¥184.5M and total debt of CN¥107.1M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are CN¥1.4B and CN¥1.2B respectively.
Key information
58.0%
Debt to equity ratio
CN¥107.07m
Debt
Interest coverage ratio | n/a |
Cash | CN¥533.30m |
Equity | CN¥184.55m |
Total liabilities | CN¥1.24b |
Total assets | CN¥1.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600661's short term assets (CN¥677.1M) do not cover its short term liabilities (CN¥977.0M).
Long Term Liabilities: 600661's short term assets (CN¥677.1M) exceed its long term liabilities (CN¥263.1M).
Debt to Equity History and Analysis
Debt Level: 600661 has more cash than its total debt.
Reducing Debt: 600661's debt to equity ratio has increased from 1.7% to 58% 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: Whilst unprofitable 600661 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600661 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.8% per year.