Jiangsu Huifeng Bio Agriculture Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Huifeng Bio Agriculture has a total shareholder equity of CN¥1.5B and total debt of CN¥587.4M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are CN¥2.7B and CN¥1.3B respectively.
Key information
40.0%
Debt to equity ratio
CN¥587.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥51.44m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥1.25b |
| Total assets | CN¥2.72b |
Financial Position Analysis
Short Term Liabilities: 002496's short term assets (CN¥338.6M) do not cover its short term liabilities (CN¥920.6M).
Long Term Liabilities: 002496's short term assets (CN¥338.6M) exceed its long term liabilities (CN¥331.4M).
Debt to Equity History and Analysis
Debt Level: 002496's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 002496's debt to equity ratio has increased from 39.7% to 40% 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: 002496 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002496 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.2% each year