Huatian Hotel GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Huatian Hotel GroupLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 174.8%. Its total assets and total liabilities are CN¥4.7B and CN¥3.5B respectively.
Key information
174.8%
Debt to equity ratio
CN¥1.97b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥123.54m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥4.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000428's short term assets (CN¥967.6M) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 000428's short term assets (CN¥967.6M) exceed its long term liabilities (CN¥424.7M).
Debt to Equity History and Analysis
Debt Level: 000428's net debt to equity ratio (163.8%) is considered high.
Reducing Debt: 000428's debt to equity ratio has increased from 150.7% to 174.8% 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, due to free cash flow being positive and growing by 4.5% per year.