Guizhou Zhongyida Balance Sheet Health
Financial Health criteria checks 4/6
Guizhou Zhongyida has a total shareholder equity of CN¥13.3M and total debt of CN¥226.8M, which brings its debt-to-equity ratio to 1705.3%. Its total assets and total liabilities are CN¥1.1B and CN¥1.1B respectively.
Key information
1,705.3%
Debt to equity ratio
CN¥226.83m
Debt
Interest coverage ratio | n/a |
Cash | CN¥64.81m |
Equity | CN¥13.30m |
Total liabilities | CN¥1.10b |
Total assets | CN¥1.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600610's short term assets (CN¥430.0M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600610's short term assets (CN¥430.0M) exceed its long term liabilities (CN¥9.7M).
Debt to Equity History and Analysis
Debt Level: 600610's net debt to equity ratio (1218.1%) is considered high.
Reducing Debt: 600610 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 600610 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600610 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.8% per year.