Guangzheng Eye Hospital Group Balance Sheet Health
Financial Health criteria checks 2/6
Guangzheng Eye Hospital Group has a total shareholder equity of CN¥287.1M and total debt of CN¥451.5M, which brings its debt-to-equity ratio to 157.2%. Its total assets and total liabilities are CN¥1.6B and CN¥1.3B respectively.
Key information
157.2%
Debt to equity ratio
CN¥451.51m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥73.86m |
| Equity | CN¥287.14m |
| Total liabilities | CN¥1.27b |
| Total assets | CN¥1.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002524's short term assets (CN¥321.2M) do not cover its short term liabilities (CN¥757.9M).
Long Term Liabilities: 002524's short term assets (CN¥321.2M) do not cover its long term liabilities (CN¥515.5M).
Debt to Equity History and Analysis
Debt Level: 002524's net debt to equity ratio (131.5%) is considered high.
Reducing Debt: 002524's debt to equity ratio has increased from 87.7% to 157.2% 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 002524 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002524 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.1% per year.