Jiangmen Kanhoo Industry Balance Sheet Health
Financial Health criteria checks 1/6
Jiangmen Kanhoo Industry has a total shareholder equity of CN¥149.3M and total debt of CN¥414.1M, which brings its debt-to-equity ratio to 277.3%. Its total assets and total liabilities are CN¥2.8B and CN¥2.6B respectively.
Key information
277.3%
Debt to equity ratio
CN¥414.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥203.10m |
| Equity | CN¥149.31m |
| Total liabilities | CN¥2.64b |
| Total assets | CN¥2.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300340's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 300340's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥228.5M).
Debt to Equity History and Analysis
Debt Level: 300340's net debt to equity ratio (141.3%) is considered high.
Reducing Debt: 300340's debt to equity ratio has increased from 31.1% to 277.3% 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: 300340 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300340 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.6% each year