WEILONG GRAPE WINE Balance Sheet Health
Financial Health criteria checks 4/6
WEILONG GRAPE WINE has a total shareholder equity of CN¥564.7M and total debt of CN¥296.6M, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are CN¥1.1B and CN¥577.4M respectively.
Key information
52.5%
Debt to equity ratio
CN¥296.55m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥40.30m |
| Equity | CN¥564.72m |
| Total liabilities | CN¥577.36m |
| Total assets | CN¥1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603779's short term assets (CN¥558.2M) exceed its short term liabilities (CN¥447.8M).
Long Term Liabilities: 603779's short term assets (CN¥558.2M) exceed its long term liabilities (CN¥129.6M).
Debt to Equity History and Analysis
Debt Level: 603779's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: 603779's debt to equity ratio has increased from 32.2% to 52.5% 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: 603779 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 603779 has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 51.2% each year.