Dahu AquacultureLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dahu AquacultureLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥452.7M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are CN¥2.0B and CN¥1.0B respectively. Dahu AquacultureLtd's EBIT is CN¥57.4M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥316.6M.
Key information
44.6%
Debt to equity ratio
CN¥452.69m
Debt
Interest coverage ratio | 1.4x |
Cash | CN¥316.64m |
Equity | CN¥1.01b |
Total liabilities | CN¥1.01b |
Total assets | CN¥2.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600257's short term assets (CN¥927.6M) exceed its short term liabilities (CN¥464.4M).
Long Term Liabilities: 600257's short term assets (CN¥927.6M) exceed its long term liabilities (CN¥550.1M).
Debt to Equity History and Analysis
Debt Level: 600257's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: 600257's debt to equity ratio has increased from 12.5% to 44.6% 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 600257 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600257 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.8% per year.