Ningxia Yinglite Chemicals Balance Sheet Health
Financial Health criteria checks 2/6
Ningxia Yinglite Chemicals has a total shareholder equity of CN¥1.5B and total debt of CN¥570.2M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are CN¥2.8B and CN¥1.3B respectively.
Key information
38.5%
Debt to equity ratio
CN¥570.16m
Debt
Interest coverage ratio | n/a |
Cash | CN¥10.36m |
Equity | CN¥1.48b |
Total liabilities | CN¥1.32b |
Total assets | CN¥2.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000635's short term assets (CN¥559.4M) do not cover its short term liabilities (CN¥933.5M).
Long Term Liabilities: 000635's short term assets (CN¥559.4M) exceed its long term liabilities (CN¥382.4M).
Debt to Equity History and Analysis
Debt Level: 000635's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: 000635's debt to equity ratio has increased from 0% to 38.5% 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: 000635 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000635 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56.9% each year