Maiquer GroupLTD Balance Sheet Health
Financial Health criteria checks 2/6
Maiquer GroupLTD has a total shareholder equity of CN¥418.7M and total debt of CN¥147.6M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are CN¥1.3B and CN¥907.4M respectively.
Key information
35.3%
Debt to equity ratio
CN¥147.60m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥74.52m |
| Equity | CN¥418.73m |
| Total liabilities | CN¥907.44m |
| Total assets | CN¥1.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002719's short term assets (CN¥323.0M) do not cover its short term liabilities (CN¥770.5M).
Long Term Liabilities: 002719's short term assets (CN¥323.0M) exceed its long term liabilities (CN¥137.0M).
Debt to Equity History and Analysis
Debt Level: 002719's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: 002719's debt to equity ratio has increased from 6.8% to 35.3% 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: 002719 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002719 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.1% each year