Zhejiang Juli Culture DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Juli Culture DevelopmentLtd has a total shareholder equity of CN¥405.5M and total debt of CN¥2.5M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.2B and CN¥748.7M respectively. Zhejiang Juli Culture DevelopmentLtd's EBIT is CN¥83.6M making its interest coverage ratio -10.2. It has cash and short-term investments of CN¥457.8M.
Key information
0.6%
Debt to equity ratio
CN¥2.52m
Debt
| Interest coverage ratio | -10.2x |
| Cash | CN¥457.79m |
| Equity | CN¥405.52m |
| Total liabilities | CN¥748.74m |
| Total assets | CN¥1.15b |
Financial Position Analysis
Short Term Liabilities: 002247's short term assets (CN¥736.7M) exceed its short term liabilities (CN¥730.7M).
Long Term Liabilities: 002247's short term assets (CN¥736.7M) exceed its long term liabilities (CN¥18.1M).
Debt to Equity History and Analysis
Debt Level: 002247 has more cash than its total debt.
Reducing Debt: 002247's debt to equity ratio has reduced from 24% to 0.6% 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: Whilst unprofitable 002247 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002247 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.8% per year.