Huatian Hotel GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Huatian Hotel GroupLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 157.1%. Its total assets and total liabilities are CN¥4.8B and CN¥3.5B respectively.
Key information
157.1%
Debt to equity ratio
CN¥1.91b
Debt
Interest coverage ratio | n/a |
Cash | CN¥131.57m |
Equity | CN¥1.21b |
Total liabilities | CN¥3.55b |
Total assets | CN¥4.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000428's short term assets (CN¥970.5M) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 000428's short term assets (CN¥970.5M) exceed its long term liabilities (CN¥557.7M).
Debt to Equity History and Analysis
Debt Level: 000428's net debt to equity ratio (146.3%) is considered high.
Reducing Debt: 000428's debt to equity ratio has increased from 152% to 157.1% 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: Whilst unprofitable 000428 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000428 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.4% per year.