Guangdong Fangyuan New Materials Group Balance Sheet Health
Financial Health criteria checks 2/6
Guangdong Fangyuan New Materials Group has a total shareholder equity of CN¥1.0B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 183.1%. Its total assets and total liabilities are CN¥3.5B and CN¥2.5B respectively.
Key information
183.1%
Debt to equity ratio
CN¥1.90b
Debt
Interest coverage ratio | n/a |
Cash | CN¥405.31m |
Equity | CN¥1.04b |
Total liabilities | CN¥2.49b |
Total assets | CN¥3.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688148's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 688148's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 688148's net debt to equity ratio (144.2%) is considered high.
Reducing Debt: 688148's debt to equity ratio has increased from 50% to 183.1% 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: Insufficient data to determine if 688148 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 688148 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.