Shandong Hontron Aluminum Industry Holding Balance Sheet Health
Financial Health criteria checks 5/6
Shandong Hontron Aluminum Industry Holding has a total shareholder equity of CN¥2.0B and total debt of CN¥243.5M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥3.2B and CN¥1.2B respectively.
Key information
12.1%
Debt to equity ratio
CN¥243.51m
Debt
Interest coverage ratio | n/a |
Cash | CN¥491.43m |
Equity | CN¥2.01b |
Total liabilities | CN¥1.16b |
Total assets | CN¥3.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002379's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 002379's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥122.1M).
Debt to Equity History and Analysis
Debt Level: 002379 has more cash than its total debt.
Reducing Debt: 002379's debt to equity ratio has increased from 3.9% to 12.1% 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: 002379 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002379 has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 25.3% each year.