Guizhou Zhongyida Balance Sheet Health
Financial Health criteria checks 5/6
Guizhou Zhongyida has a total shareholder equity of CN¥64.8M and total debt of CN¥100.4M, which brings its debt-to-equity ratio to 155%. Its total assets and total liabilities are CN¥1.0B and CN¥940.3M respectively. Guizhou Zhongyida's EBIT is CN¥4.4M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥96.7M.
Key information
155.0%
Debt to equity ratio
CN¥100.43m
Debt
| Interest coverage ratio | 0.1x |
| Cash | CN¥96.71m |
| Equity | CN¥64.78m |
| Total liabilities | CN¥940.33m |
| Total assets | CN¥1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900906's short term assets (CN¥341.2M) exceed its short term liabilities (CN¥181.2M).
Long Term Liabilities: 900906's short term assets (CN¥341.2M) do not cover its long term liabilities (CN¥759.2M).
Debt to Equity History and Analysis
Debt Level: 900906's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 900906 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 900906 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 900906 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.9% per year.