Gansu Huangtai Wine-Marketing IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Gansu Huangtai Wine-Marketing IndustryLtd has a total shareholder equity of CN¥124.2M and total debt of CN¥50.0M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are CN¥471.8M and CN¥347.7M respectively.
Key information
40.3%
Debt to equity ratio
CN¥50.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥17.21m |
| Equity | CN¥124.16m |
| Total liabilities | CN¥347.67m |
| Total assets | CN¥471.83m |
Financial Position Analysis
Short Term Liabilities: 000995's short term assets (CN¥224.4M) do not cover its short term liabilities (CN¥274.4M).
Long Term Liabilities: 000995's short term assets (CN¥224.4M) exceed its long term liabilities (CN¥73.3M).
Debt to Equity History and Analysis
Debt Level: 000995's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 000995 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 000995 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000995 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.8% per year.