Rising Nonferrous Metals ShareLtd Balance Sheet Health
Financial Health criteria checks 6/6
Rising Nonferrous Metals ShareLtd has a total shareholder equity of CN¥3.7B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are CN¥8.4B and CN¥4.7B respectively.
Key information
49.7%
Debt to equity ratio
CN¥1.83b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥846.19m |
| Equity | CN¥3.67b |
| Total liabilities | CN¥4.74b |
| Total assets | CN¥8.41b |
Recent financial health updates
We Think Rising Nonferrous Metals ShareLtd (SHSE:600259) Has A Fair Chunk Of Debt
Sep 30
Is Rising Nonferrous Metals ShareLtd (SHSE:600259) A Risky Investment?
Jul 01We Think Rising Nonferrous Metals ShareLtd (SHSE:600259) Is Taking Some Risk With Its Debt
Mar 11Recent updates
We Think Rising Nonferrous Metals ShareLtd (SHSE:600259) Has A Fair Chunk Of Debt
Sep 30Rising Nonferrous Metals Share Co.,Ltd. (SHSE:600259) Doing What It Can To Lift Shares
Jul 31Is Rising Nonferrous Metals ShareLtd (SHSE:600259) A Risky Investment?
Jul 01We Think Rising Nonferrous Metals ShareLtd (SHSE:600259) Is Taking Some Risk With Its Debt
Mar 11Financial Position Analysis
Short Term Liabilities: 600259's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 600259's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600259's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: 600259's debt to equity ratio has reduced from 63.9% to 49.7% 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: Whilst unprofitable 600259 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600259 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.5% per year.