Shenyang Chemical Industry Balance Sheet Health
Financial Health criteria checks 3/6
Shenyang Chemical Industry has a total shareholder equity of CN¥1.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 101.2%. Its total assets and total liabilities are CN¥4.8B and CN¥3.5B respectively.
Key information
101.2%
Debt to equity ratio
CN¥1.30b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥773.51m |
| Equity | CN¥1.28b |
| Total liabilities | CN¥3.53b |
| Total assets | CN¥4.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000698's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 000698's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥766.1M).
Debt to Equity History and Analysis
Debt Level: 000698's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: 000698's debt to equity ratio has increased from 64.3% to 101.2% 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: 000698 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 000698 has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 0.6% each year.