Guangzheng Eye Hospital GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Guangzheng Eye Hospital GroupLtd has a total shareholder equity of CN¥271.0M and total debt of CN¥458.2M, which brings its debt-to-equity ratio to 169.1%. Its total assets and total liabilities are CN¥1.5B and CN¥1.2B respectively. Guangzheng Eye Hospital GroupLtd's EBIT is CN¥20.4M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥65.1M.
Key information
169.1%
Debt to equity ratio
CN¥458.24m
Debt
Interest coverage ratio | 0.6x |
Cash | CN¥65.05m |
Equity | CN¥270.96m |
Total liabilities | CN¥1.24b |
Total assets | CN¥1.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002524's short term assets (CN¥305.1M) do not cover its short term liabilities (CN¥746.2M).
Long Term Liabilities: 002524's short term assets (CN¥305.1M) do not cover its long term liabilities (CN¥497.5M).
Debt to Equity History and Analysis
Debt Level: 002524's net debt to equity ratio (145.1%) is considered high.
Reducing Debt: 002524's debt to equity ratio has increased from 56.6% to 169.1% 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 20.2% per year.