Danhua Chemical TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Danhua Chemical TechnologyLtd has a total shareholder equity of CN¥712.8M and total debt of CN¥239.5M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are CN¥1.5B and CN¥790.7M respectively.
Key information
33.6%
Debt to equity ratio
CN¥239.49m
Debt
Interest coverage ratio | n/a |
Cash | CN¥86.26m |
Equity | CN¥712.79m |
Total liabilities | CN¥790.66m |
Total assets | CN¥1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900921's short term assets (CN¥227.1M) do not cover its short term liabilities (CN¥737.3M).
Long Term Liabilities: 900921's short term assets (CN¥227.1M) exceed its long term liabilities (CN¥53.3M).
Debt to Equity History and Analysis
Debt Level: 900921's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: 900921's debt to equity ratio has increased from 14.6% to 33.6% 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: 900921 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 900921 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.2% each year