Hainan Yedao (Group)Ltd Balance Sheet Health
Financial Health criteria checks 2/6
Hainan Yedao (Group)Ltd has a total shareholder equity of CN¥267.4M and total debt of CN¥241.5M, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are CN¥964.8M and CN¥697.4M respectively.
Key information
90.3%
Debt to equity ratio
CN¥241.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥15.61m |
| Equity | CN¥267.40m |
| Total liabilities | CN¥697.44m |
| Total assets | CN¥964.84m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600238's short term assets (CN¥503.6M) exceed its short term liabilities (CN¥493.8M).
Long Term Liabilities: 600238's short term assets (CN¥503.6M) exceed its long term liabilities (CN¥203.6M).
Debt to Equity History and Analysis
Debt Level: 600238's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: 600238's debt to equity ratio has increased from 46.9% to 90.3% 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: 600238 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600238 has less than a year of cash runway if free cash flow continues to grow at historical rates of 30% each year.