Hainan Shennong Seed Industry Technology Balance Sheet Health
Financial Health criteria checks 4/6
Hainan Shennong Seed Industry Technology has a total shareholder equity of CN¥844.2M and total debt of CN¥86.6M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥1.1B and CN¥218.4M respectively.
Key information
10.3%
Debt to equity ratio
CN¥86.64m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥105.19m |
| Equity | CN¥844.23m |
| Total liabilities | CN¥218.43m |
| Total assets | CN¥1.06b |
Financial Position Analysis
Short Term Liabilities: 300189's short term assets (CN¥285.4M) exceed its short term liabilities (CN¥105.7M).
Long Term Liabilities: 300189's short term assets (CN¥285.4M) exceed its long term liabilities (CN¥112.7M).
Debt to Equity History and Analysis
Debt Level: 300189 has more cash than its total debt.
Reducing Debt: 300189's debt to equity ratio has increased from 0% to 10.3% 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: 300189 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300189 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 54.7% each year.