Guangdong Xinhui Meida Nylon Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong Xinhui Meida Nylon has a total shareholder equity of CN¥1.8B and total debt of CN¥899.9M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are CN¥3.7B and CN¥1.9B respectively.
Key information
48.9%
Debt to equity ratio
CN¥899.87m
Debt
Interest coverage ratio | n/a |
Cash | CN¥983.50m |
Equity | CN¥1.84b |
Total liabilities | CN¥1.85b |
Total assets | CN¥3.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000782's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 000782's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥254.7M).
Debt to Equity History and Analysis
Debt Level: 000782 has more cash than its total debt.
Reducing Debt: 000782's debt to equity ratio has increased from 36.1% to 48.9% 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: 000782 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 000782 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 51.6% each year