Kingenta Ecological Engineering Group Balance Sheet Health
Financial Health criteria checks 3/6
Kingenta Ecological Engineering Group has a total shareholder equity of CN¥2.3B and total debt of CN¥4.5B, which brings its debt-to-equity ratio to 196.9%. Its total assets and total liabilities are CN¥11.4B and CN¥9.2B respectively.
Key information
196.9%
Debt to equity ratio
CN¥4.45b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.26b |
| Equity | CN¥2.26b |
| Total liabilities | CN¥9.18b |
| Total assets | CN¥11.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002470's short term assets (CN¥4.9B) do not cover its short term liabilities (CN¥7.0B).
Long Term Liabilities: 002470's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 002470's net debt to equity ratio (141%) is considered high.
Reducing Debt: 002470's debt to equity ratio has increased from 24% to 196.9% 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: Whilst unprofitable 002470 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002470 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48.7% per year.