Zhanjiang Guolian Aquatic Products Balance Sheet Health
Financial Health criteria checks 5/6
Zhanjiang Guolian Aquatic Products has a total shareholder equity of CN¥2.6B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are CN¥4.9B and CN¥2.3B respectively.
Key information
63.5%
Debt to equity ratio
CN¥1.68b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥586.29m |
| Equity | CN¥2.65b |
| Total liabilities | CN¥2.29b |
| Total assets | CN¥4.94b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300094's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300094's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥409.5M).
Debt to Equity History and Analysis
Debt Level: 300094's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: 300094's debt to equity ratio has reduced from 65.6% to 63.5% 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 300094 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300094 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.5% per year.