Zhongrun Resources Investment Balance Sheet Health
Financial Health criteria checks 3/6
Zhongrun Resources Investment has a total shareholder equity of CN¥1.2B and total debt of CN¥85.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥2.4B and CN¥1.2B respectively.
Key information
6.8%
Debt to equity ratio
CN¥85.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.85m |
| Equity | CN¥1.25b |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥2.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000506's short term assets (CN¥257.7M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 000506's short term assets (CN¥257.7M) exceed its long term liabilities (CN¥86.8M).
Debt to Equity History and Analysis
Debt Level: 000506's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 000506's debt to equity ratio has reduced from 45% to 6.8% 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: Insufficient data to determine if 000506 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 000506 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.