Guangdong Xinhui Meida Nylon Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Xinhui Meida Nylon has a total shareholder equity of CN¥1.3B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 83.7%. Its total assets and total liabilities are CN¥3.4B and CN¥2.1B respectively.
Key information
83.7%
Debt to equity ratio
CN¥1.05b
Debt
Interest coverage ratio | n/a |
Cash | CN¥941.37m |
Equity | CN¥1.26b |
Total liabilities | CN¥2.14b |
Total assets | CN¥3.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000782's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 000782's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥124.2M).
Debt to Equity History and Analysis
Debt Level: 000782's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 000782's debt to equity ratio has increased from 32.5% to 83.7% 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: 000782 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 000782 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 40.5% each year.