CITIC Guoan Information Industry Balance Sheet Health
Financial Health criteria checks 1/6
CITIC Guoan Information Industry has a total shareholder equity of CN¥573.0M and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 293.6%. Its total assets and total liabilities are CN¥6.2B and CN¥5.6B respectively. CITIC Guoan Information Industry's EBIT is CN¥216.9M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥445.1M.
Key information
293.6%
Debt to equity ratio
CN¥1.68b
Debt
Interest coverage ratio | 1.4x |
Cash | CN¥445.06m |
Equity | CN¥573.01m |
Total liabilities | CN¥5.65b |
Total assets | CN¥6.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000839's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥3.8B).
Long Term Liabilities: 000839's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 000839's net debt to equity ratio (215.9%) is considered high.
Reducing Debt: 000839's debt to equity ratio has increased from 48.8% to 293.6% 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: 000839 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000839 has less than a year of cash runway if free cash flow continues to grow at historical rates of 34.2% each year.