Weifang Yaxing Chemical Balance Sheet Health
Financial Health criteria checks 1/6
Weifang Yaxing Chemical has a total shareholder equity of CN¥612.1M and total debt of CN¥780.0M, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are CN¥2.1B and CN¥1.5B respectively.
Key information
127.4%
Debt to equity ratio
CN¥779.99m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥39.05m |
| Equity | CN¥612.11m |
| Total liabilities | CN¥1.52b |
| Total assets | CN¥2.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600319's short term assets (CN¥304.6M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 600319's short term assets (CN¥304.6M) do not cover its long term liabilities (CN¥316.4M).
Debt to Equity History and Analysis
Debt Level: 600319's net debt to equity ratio (121%) is considered high.
Reducing Debt: 600319's debt to equity ratio has reduced from 1705.9% to 127.4% 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 600319 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 600319 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.