Hunan SilverLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hunan SilverLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥764.1M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are CN¥6.1B and CN¥2.9B respectively. Hunan SilverLtd's EBIT is CN¥55.6M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥446.3M.
Key information
23.5%
Debt to equity ratio
CN¥764.09m
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥446.29m |
| Equity | CN¥3.24b |
| Total liabilities | CN¥2.86b |
| Total assets | CN¥6.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002716's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002716's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥950.0M).
Debt to Equity History and Analysis
Debt Level: 002716's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 002716's debt to equity ratio has reduced from 229.1% to 23.5% 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: Whilst unprofitable 002716 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002716 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.7% per year.