Royal GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Royal GroupLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 121.6%. Its total assets and total liabilities are CN¥5.0B and CN¥3.3B respectively.
Key information
121.6%
Debt to equity ratio
CN¥2.15b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥435.24m |
| Equity | CN¥1.76b |
| Total liabilities | CN¥3.28b |
| Total assets | CN¥5.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002329's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002329's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002329's net debt to equity ratio (97%) is considered high.
Reducing Debt: 002329's debt to equity ratio has increased from 69.8% to 121.6% 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: Insufficient data to determine if 002329 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002329 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.