WEILONG GRAPE WINE Balance Sheet Health
Financial Health criteria checks 5/6
WEILONG GRAPE WINE has a total shareholder equity of CN¥566.6M and total debt of CN¥245.9M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are CN¥1.2B and CN¥593.7M respectively.
Key information
43.4%
Debt to equity ratio
CN¥245.90m
Debt
Interest coverage ratio | n/a |
Cash | CN¥44.00m |
Equity | CN¥566.60m |
Total liabilities | CN¥593.69m |
Total assets | CN¥1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603779's short term assets (CN¥568.3M) exceed its short term liabilities (CN¥473.8M).
Long Term Liabilities: 603779's short term assets (CN¥568.3M) exceed its long term liabilities (CN¥119.9M).
Debt to Equity History and Analysis
Debt Level: 603779's net debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: 603779's debt to equity ratio has increased from 33.4% to 43.4% 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 603779 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603779 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57% per year.