Jiangmen Kanhoo Industry Balance Sheet Health
Financial Health criteria checks 2/6
Jiangmen Kanhoo Industry has a total shareholder equity of CN¥201.4M and total debt of CN¥333.2M, which brings its debt-to-equity ratio to 165.5%. Its total assets and total liabilities are CN¥3.1B and CN¥2.9B respectively.
Key information
165.5%
Debt to equity ratio
CN¥333.16m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥339.74m |
| Equity | CN¥201.36m |
| Total liabilities | CN¥2.93b |
| Total assets | CN¥3.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300340's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 300340's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥389.6M).
Debt to Equity History and Analysis
Debt Level: 300340 has more cash than its total debt.
Reducing Debt: 300340's debt to equity ratio has increased from 32.1% to 165.5% 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: 300340 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300340 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.1% each year