Zhang Jia Jie Tourism Group Balance Sheet Health
Financial Health criteria checks 2/6
Zhang Jia Jie Tourism Group has a total shareholder equity of CN¥806.2M and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 156.3%. Its total assets and total liabilities are CN¥2.6B and CN¥1.8B respectively.
Key information
156.3%
Debt to equity ratio
CN¥1.26b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥64.22m |
| Equity | CN¥806.23m |
| Total liabilities | CN¥1.78b |
| Total assets | CN¥2.59b |
Financial Position Analysis
Short Term Liabilities: 000430's short term assets (CN¥103.9M) do not cover its short term liabilities (CN¥585.8M).
Long Term Liabilities: 000430's short term assets (CN¥103.9M) do not cover its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 000430's net debt to equity ratio (148.4%) is considered high.
Reducing Debt: 000430's debt to equity ratio has increased from 35.8% to 156.3% 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: Whilst unprofitable 000430 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000430 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.7% per year.