Foshan Yowant TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Foshan Yowant TechnologyLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥906.6M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are CN¥6.8B and CN¥2.4B respectively.
Key information
20.7%
Debt to equity ratio
CN¥906.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥817.63m |
| Equity | CN¥4.37b |
| Total liabilities | CN¥2.43b |
| Total assets | CN¥6.81b |
Financial Position Analysis
Short Term Liabilities: 002291's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002291's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥555.2M).
Debt to Equity History and Analysis
Debt Level: 002291's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 002291's debt to equity ratio has increased from 17.5% to 20.7% 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: 002291 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002291 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 48.8% each year.