Gansu Yatai Industrial DevelopentLtd Balance Sheet Health
Financial Health criteria checks 3/6
Gansu Yatai Industrial DevelopentLtd has a total shareholder equity of CN¥162.4M and total debt of CN¥380.1M, which brings its debt-to-equity ratio to 234.1%. Its total assets and total liabilities are CN¥671.0M and CN¥508.6M respectively.
Key information
234.1%
Debt to equity ratio
CN¥380.12m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥51.37m |
| Equity | CN¥162.38m |
| Total liabilities | CN¥508.60m |
| Total assets | CN¥670.98m |
Financial Position Analysis
Short Term Liabilities: 000691's short term assets (CN¥286.5M) do not cover its short term liabilities (CN¥472.0M).
Long Term Liabilities: 000691's short term assets (CN¥286.5M) exceed its long term liabilities (CN¥36.6M).
Debt to Equity History and Analysis
Debt Level: 000691's net debt to equity ratio (202.5%) is considered high.
Reducing Debt: 000691's debt to equity ratio has increased from 5.5% to 234.1% 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: 000691 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 000691 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 17.7% each year