Guangxi Hechi Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Guangxi Hechi Chemical has a total shareholder equity of CN¥82.2M and total debt of CN¥5.0M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are CN¥282.7M and CN¥200.4M respectively.
Key information
6.1%
Debt to equity ratio
CN¥5.01m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥54.23m |
| Equity | CN¥82.22m |
| Total liabilities | CN¥200.44m |
| Total assets | CN¥282.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000953's short term assets (CN¥114.0M) do not cover its short term liabilities (CN¥190.6M).
Long Term Liabilities: 000953's short term assets (CN¥114.0M) exceed its long term liabilities (CN¥9.8M).
Debt to Equity History and Analysis
Debt Level: 000953 has more cash than its total debt.
Reducing Debt: 000953 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 000953 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000953 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.5% per year.