Hainan Haiyao Balance Sheet Health
Financial Health criteria checks 3/6
Hainan Haiyao has a total shareholder equity of CN¥2.2B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 186.4%. Its total assets and total liabilities are CN¥7.5B and CN¥5.3B respectively.
Key information
186.4%
Debt to equity ratio
CN¥4.06b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥934.83m |
| Equity | CN¥2.18b |
| Total liabilities | CN¥5.30b |
| Total assets | CN¥7.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000566's short term assets (CN¥2.6B) do not cover its short term liabilities (CN¥3.8B).
Long Term Liabilities: 000566's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 000566's net debt to equity ratio (143.5%) is considered high.
Reducing Debt: 000566's debt to equity ratio has increased from 93.3% to 186.4% 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: 000566 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 000566 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 19.5% each year