Jiangsu Huifeng Bio Agriculture Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Huifeng Bio Agriculture has a total shareholder equity of CN¥1.4B and total debt of CN¥314.1M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are CN¥2.6B and CN¥1.1B respectively.
Key information
21.8%
Debt to equity ratio
CN¥314.07m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥47.09m |
| Equity | CN¥1.44b |
| Total liabilities | CN¥1.14b |
| Total assets | CN¥2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002496's short term assets (CN¥321.6M) do not cover its short term liabilities (CN¥906.4M).
Long Term Liabilities: 002496's short term assets (CN¥321.6M) exceed its long term liabilities (CN¥229.3M).
Debt to Equity History and Analysis
Debt Level: 002496's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: 002496's debt to equity ratio has reduced from 43.7% to 21.8% 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: 002496 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002496 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 58.1% each year