Nanjing Red SunLtd Balance Sheet Health
Financial Health criteria checks 3/6
Nanjing Red SunLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 424.9%. Its total assets and total liabilities are CN¥9.8B and CN¥8.8B respectively.
Key information
424.9%
Debt to equity ratio
CN¥4.39b
Debt
Interest coverage ratio | n/a |
Cash | CN¥293.02m |
Equity | CN¥1.03b |
Total liabilities | CN¥8.81b |
Total assets | CN¥9.84b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000525's short term assets (CN¥4.7B) do not cover its short term liabilities (CN¥7.1B).
Long Term Liabilities: 000525's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 000525's net debt to equity ratio (396.6%) is considered high.
Reducing Debt: 000525's debt to equity ratio has increased from 99.4% to 424.9% 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: Whilst unprofitable 000525 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000525 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.2% per year.