Danhua Chemical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Danhua Chemical TechnologyLtd has a total shareholder equity of CN¥523.6M and total debt of CN¥173.2M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are CN¥1.3B and CN¥824.5M respectively.
Key information
33.1%
Debt to equity ratio
CN¥173.18m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥21.35m |
| Equity | CN¥523.56m |
| Total liabilities | CN¥824.52m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Recent updates
Pinning Down Danhua Chemical Technology Co.,Ltd's (SHSE:600844) P/S Is Difficult Right Now
Jul 23
More Unpleasant Surprises Could Be In Store For Danhua Chemical Technology Co.,Ltd's (SHSE:600844) Shares After Tumbling 26%
Apr 22Optimistic Investors Push Danhua Chemical Technology Co.,Ltd (SHSE:600844) Shares Up 25% But Growth Is Lacking
Mar 08Financial Position Analysis
Short Term Liabilities: 600844's short term assets (CN¥136.5M) do not cover its short term liabilities (CN¥747.5M).
Long Term Liabilities: 600844's short term assets (CN¥136.5M) exceed its long term liabilities (CN¥77.0M).
Debt to Equity History and Analysis
Debt Level: 600844's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: 600844's debt to equity ratio has increased from 15.4% to 33.1% 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: 600844 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600844 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.5% each year