Baotailong New Materials Balance Sheet Health
Financial Health criteria checks 1/6
Baotailong New Materials has a total shareholder equity of CN¥6.5B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are CN¥12.4B and CN¥5.9B respectively.
Key information
45.2%
Debt to equity ratio
CN¥2.94b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥317.81m |
| Equity | CN¥6.50b |
| Total liabilities | CN¥5.88b |
| Total assets | CN¥12.37b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601011's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥4.7B).
Long Term Liabilities: 601011's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 601011's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: 601011's debt to equity ratio has increased from 32.6% to 45.2% 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 601011 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 601011 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.