Zhejiang Juli Culture DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Juli Culture DevelopmentLtd has a total shareholder equity of CN¥401.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.1B and CN¥692.4M respectively. Zhejiang Juli Culture DevelopmentLtd's EBIT is CN¥80.1M making its interest coverage ratio -11.4. It has cash and short-term investments of CN¥353.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.4x |
| Cash | CN¥353.78m |
| Equity | CN¥401.91m |
| Total liabilities | CN¥692.37m |
| Total assets | CN¥1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002247's short term assets (CN¥675.4M) exceed its short term liabilities (CN¥669.2M).
Long Term Liabilities: 002247's short term assets (CN¥675.4M) exceed its long term liabilities (CN¥23.1M).
Debt to Equity History and Analysis
Debt Level: 002247 is debt free.
Reducing Debt: 002247 has no debt compared to 5 years ago when its debt to equity ratio was 23.3%.
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 37% per year.