Ningxia Yinglite Chemicals Balance Sheet Health
Financial Health criteria checks 1/6
Ningxia Yinglite Chemicals has a total shareholder equity of CN¥1.3B and total debt of CN¥628.0M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are CN¥2.6B and CN¥1.3B respectively.
Key information
46.6%
Debt to equity ratio
CN¥628.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥31.36m |
| Equity | CN¥1.35b |
| Total liabilities | CN¥1.30b |
| Total assets | CN¥2.65b |
Financial Position Analysis
Short Term Liabilities: 000635's short term assets (CN¥417.2M) do not cover its short term liabilities (CN¥919.4M).
Long Term Liabilities: 000635's short term assets (CN¥417.2M) exceed its long term liabilities (CN¥381.4M).
Debt to Equity History and Analysis
Debt Level: 000635's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: 000635's debt to equity ratio has increased from 0% to 46.6% 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: 000635 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000635 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.9% each year