Xinjiang Tianshan Animal Husbandry Bio-engineering Balance Sheet Health
Financial Health criteria checks 3/6
Xinjiang Tianshan Animal Husbandry Bio-engineering has a total shareholder equity of CN¥65.4M and total debt of CN¥189.7M, which brings its debt-to-equity ratio to 290.1%. Its total assets and total liabilities are CN¥313.6M and CN¥248.1M respectively.
Key information
290.1%
Debt to equity ratio
CN¥189.75m
Debt
Interest coverage ratio | n/a |
Cash | CN¥22.45m |
Equity | CN¥65.41m |
Total liabilities | CN¥248.14m |
Total assets | CN¥313.55m |
Recent financial health updates
No updates
Recent updates
Some Xinjiang Tianshan Animal Husbandry Bio-engineering Co., Ltd. (SZSE:300313) Shareholders Look For Exit As Shares Take 26% Pounding
Jun 27Some Confidence Is Lacking In Xinjiang Tianshan Animal Husbandry Bio-engineering Co., Ltd. (SZSE:300313) As Shares Slide 35%
Apr 19What Xinjiang Tianshan Animal Husbandry Bio-engineering Co., Ltd.'s (SZSE:300313) 44% Share Price Gain Is Not Telling You
Mar 05Financial Position Analysis
Short Term Liabilities: 300313's short term assets (CN¥112.6M) do not cover its short term liabilities (CN¥235.5M).
Long Term Liabilities: 300313's short term assets (CN¥112.6M) exceed its long term liabilities (CN¥12.6M).
Debt to Equity History and Analysis
Debt Level: 300313's net debt to equity ratio (255.8%) is considered high.
Reducing Debt: 300313's debt to equity ratio has increased from 168.2% to 290.1% 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: 300313 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300313 has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 15% each year.