Gansu Yatai Industrial DevelopentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Gansu Yatai Industrial DevelopentLtd has a total shareholder equity of CN¥183.3M and total debt of CN¥98.6M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are CN¥656.4M and CN¥473.1M respectively.
Key information
53.8%
Debt to equity ratio
CN¥98.65m
Debt
Interest coverage ratio | n/a |
Cash | CN¥49.00m |
Equity | CN¥183.31m |
Total liabilities | CN¥473.05m |
Total assets | CN¥656.36m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000691's short term assets (CN¥273.5M) do not cover its short term liabilities (CN¥463.1M).
Long Term Liabilities: 000691's short term assets (CN¥273.5M) exceed its long term liabilities (CN¥9.9M).
Debt to Equity History and Analysis
Debt Level: 000691's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: 000691's debt to equity ratio has increased from 16.4% to 53.8% 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 000691 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000691 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16% per year.