Weifang Yaxing Chemical Balance Sheet Health
Financial Health criteria checks 2/6
Weifang Yaxing Chemical has a total shareholder equity of CN¥585.1M and total debt of CN¥888.7M, which brings its debt-to-equity ratio to 151.9%. Its total assets and total liabilities are CN¥2.2B and CN¥1.6B respectively.
Key information
151.9%
Debt to equity ratio
CN¥888.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥98.89m |
| Equity | CN¥585.11m |
| Total liabilities | CN¥1.64b |
| Total assets | CN¥2.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600319's short term assets (CN¥382.4M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 600319's short term assets (CN¥382.4M) exceed its long term liabilities (CN¥306.3M).
Debt to Equity History and Analysis
Debt Level: 600319's net debt to equity ratio (135%) is considered high.
Reducing Debt: 600319's debt to equity ratio has reduced from 1537.4% to 151.9% 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.