Maiquer GroupLTD Balance Sheet Health
Financial Health criteria checks 3/6
Maiquer GroupLTD has a total shareholder equity of CN¥363.2M and total debt of CN¥136.7M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥1.2B and CN¥866.5M respectively.
Key information
37.6%
Debt to equity ratio
CN¥136.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥43.51m |
| Equity | CN¥363.16m |
| Total liabilities | CN¥866.48m |
| Total assets | CN¥1.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002719's short term assets (CN¥256.7M) do not cover its short term liabilities (CN¥733.9M).
Long Term Liabilities: 002719's short term assets (CN¥256.7M) exceed its long term liabilities (CN¥132.6M).
Debt to Equity History and Analysis
Debt Level: 002719's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 002719's debt to equity ratio has increased from 8.9% to 37.6% 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: 002719 has sufficient cash runway for more than 3 years 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 19.7% each year