Liaoning Kelong Fine ChemicalInc Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning Kelong Fine ChemicalInc has a total shareholder equity of CN¥490.5M and total debt of CN¥495.2M, which brings its debt-to-equity ratio to 101%. Its total assets and total liabilities are CN¥1.1B and CN¥645.9M respectively.
Key information
101.0%
Debt to equity ratio
CN¥495.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥56.73m |
| Equity | CN¥490.51m |
| Total liabilities | CN¥645.87m |
| Total assets | CN¥1.14b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Liaoning Kelong Fine Chemical,Inc. (SZSE:300405) With Shares Advancing 26%
Sep 30
Liaoning Kelong Fine Chemical,Inc. (SZSE:300405) May Have Run Too Fast Too Soon With Recent 34% Price Plummet
Apr 16Liaoning Kelong Fine Chemical,Inc.'s (SZSE:300405) 33% Share Price Plunge Could Signal Some Risk
Feb 26Financial Position Analysis
Short Term Liabilities: 300405's short term assets (CN¥685.5M) exceed its short term liabilities (CN¥625.5M).
Long Term Liabilities: 300405's short term assets (CN¥685.5M) exceed its long term liabilities (CN¥20.4M).
Debt to Equity History and Analysis
Debt Level: 300405's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: 300405's debt to equity ratio has increased from 62.3% to 101% 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: 300405 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300405 has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 40% each year.