Shanghai Prosolar Resources Development Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Prosolar Resources Development has a total shareholder equity of CN¥299.3M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥658.1M and CN¥358.8M respectively.
Key information
6.7%
Debt to equity ratio
CN¥20.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥4.75m |
Equity | CN¥299.29m |
Total liabilities | CN¥358.79m |
Total assets | CN¥658.08m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600193's short term assets (CN¥468.7M) exceed its short term liabilities (CN¥357.6M).
Long Term Liabilities: 600193's short term assets (CN¥468.7M) exceed its long term liabilities (CN¥1.1M).
Debt to Equity History and Analysis
Debt Level: 600193's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 600193's debt to equity ratio has reduced from 10.9% to 6.7% 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: Insufficient data to determine if 600193 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 600193 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.