Yunnan Luoping Zinc&Electricity Balance Sheet Health
Financial Health criteria checks 3/6
Yunnan Luoping Zinc&Electricity has a total shareholder equity of CN¥1.0B and total debt of CN¥564.2M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are CN¥2.3B and CN¥1.3B respectively.
Key information
56.4%
Debt to equity ratio
CN¥564.24m
Debt
Interest coverage ratio | n/a |
Cash | CN¥146.90m |
Equity | CN¥1.00b |
Total liabilities | CN¥1.26b |
Total assets | CN¥2.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002114's short term assets (CN¥397.1M) do not cover its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002114's short term assets (CN¥397.1M) exceed its long term liabilities (CN¥223.9M).
Debt to Equity History and Analysis
Debt Level: 002114's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: 002114's debt to equity ratio has increased from 12.7% to 56.4% 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: 002114 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002114 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 42.9% each year.