Hainan Haiyao Balance Sheet Health
Financial Health criteria checks 3/6
Hainan Haiyao has a total shareholder equity of CN¥2.0B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 197.1%. Its total assets and total liabilities are CN¥7.4B and CN¥5.4B respectively.
Key information
197.1%
Debt to equity ratio
CN¥3.92b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥898.22m |
| Equity | CN¥1.99b |
| Total liabilities | CN¥5.43b |
| Total assets | CN¥7.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000566's short term assets (CN¥2.3B) do not cover its short term liabilities (CN¥4.0B).
Long Term Liabilities: 000566's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 000566's net debt to equity ratio (151.9%) is considered high.
Reducing Debt: 000566's debt to equity ratio has increased from 82.6% to 197.1% 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: 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 26.4% each year