Royal GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Royal GroupLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are CN¥5.1B and CN¥3.3B respectively.
Key information
122.7%
Debt to equity ratio
CN¥2.13b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥298.23m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥3.32b |
| Total assets | CN¥5.05b |
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 (105.5%) is considered high.
Reducing Debt: 002329's debt to equity ratio has increased from 74.3% to 122.7% 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 002329 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002329 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.4% per year.