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¥31.8M and total debt of CN¥189.5M, which brings its debt-to-equity ratio to 595.4%. Its total assets and total liabilities are CN¥274.5M and CN¥242.7M respectively.
Key information
595.4%
Debt to equity ratio
CN¥189.52m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥14.04m |
| Equity | CN¥31.83m |
| Total liabilities | CN¥242.70m |
| Total assets | CN¥274.54m |
Recent financial health updates
No updates
Recent updates
Xinjiang Tianshan Animal Husbandry Bio-engineering Co., Ltd. (SZSE:300313) Investors Are Less Pessimistic Than Expected
Oct 02
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¥75.9M) do not cover its short term liabilities (CN¥201.9M).
Long Term Liabilities: 300313's short term assets (CN¥75.9M) exceed its long term liabilities (CN¥40.8M).
Debt to Equity History and Analysis
Debt Level: 300313's net debt to equity ratio (551.3%) is considered high.
Reducing Debt: 300313's debt to equity ratio has increased from 121.6% to 595.4% 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: Whilst unprofitable 300313 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300313 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12% per year.