Guangdong Orient Zirconic Ind Sci & TechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangdong Orient Zirconic Ind Sci & TechLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥577.5M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are CN¥3.3B and CN¥1.9B respectively.
Key information
41.9%
Debt to equity ratio
CN¥577.50m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥437.12m |
| Equity | CN¥1.38b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥3.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002167's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002167's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥216.0M).
Debt to Equity History and Analysis
Debt Level: 002167's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 002167's debt to equity ratio has reduced from 77.6% to 41.9% 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: Whilst unprofitable 002167 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002167 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.2% per year.