Suzhou Chunxing Precision Mechanical Balance Sheet Health
Financial Health criteria checks 3/6
Suzhou Chunxing Precision Mechanical has a total shareholder equity of CN¥223.7M and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 861.6%. Its total assets and total liabilities are CN¥4.8B and CN¥4.6B respectively.
Key information
861.6%
Debt to equity ratio
CN¥1.93b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥459.80m |
| Equity | CN¥223.73m |
| Total liabilities | CN¥4.60b |
| Total assets | CN¥4.83b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002547's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002547's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002547's net debt to equity ratio (656%) is considered high.
Reducing Debt: 002547's debt to equity ratio has increased from 72.1% to 861.6% 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: 002547 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002547 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 13.2% each year