CNFC Overseas FisheriesLtd Balance Sheet Health
Financial Health criteria checks 2/6
CNFC Overseas FisheriesLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 183.8%. Its total assets and total liabilities are CN¥6.7B and CN¥5.0B respectively. CNFC Overseas FisheriesLtd's EBIT is CN¥61.7M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥834.8M.
Key information
183.8%
Debt to equity ratio
CN¥3.10b
Debt
| Interest coverage ratio | 0.7x |
| Cash | CN¥834.75m |
| Equity | CN¥1.68b |
| Total liabilities | CN¥5.03b |
| Total assets | CN¥6.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000798's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 000798's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 000798's net debt to equity ratio (134.2%) is considered high.
Reducing Debt: 000798's debt to equity ratio has increased from 2% to 183.8% 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: Insufficient data to determine if 000798 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 000798 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.