Xinjiang Zhundong Petroleum Technology Balance Sheet Health
Financial Health criteria checks 2/6
Xinjiang Zhundong Petroleum Technology has a total shareholder equity of CN¥73.6M and total debt of CN¥88.8M, which brings its debt-to-equity ratio to 120.7%. Its total assets and total liabilities are CN¥274.6M and CN¥201.0M respectively.
Key information
120.7%
Debt to equity ratio
CN¥88.85m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥30.00m |
| Equity | CN¥73.59m |
| Total liabilities | CN¥201.00m |
| Total assets | CN¥274.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002207's short term assets (CN¥148.0M) do not cover its short term liabilities (CN¥194.2M).
Long Term Liabilities: 002207's short term assets (CN¥148.0M) exceed its long term liabilities (CN¥6.8M).
Debt to Equity History and Analysis
Debt Level: 002207's net debt to equity ratio (80%) is considered high.
Reducing Debt: 002207's debt to equity ratio has reduced from 1541.4% to 120.7% 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: 002207 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002207 has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.7% each year.