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Guangzhou Yuetai Group Balance Sheet Health
Financial Health criteria checks 5/6
Guangzhou Yuetai Group has a total shareholder equity of CN¥2.7B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 135.5%. Its total assets and total liabilities are CN¥10.7B and CN¥8.0B respectively.
Key information
135.5%
Debt to equity ratio
CN¥3.63b
Debt
Interest coverage ratio | n/a |
Cash | CN¥90.46m |
Equity | CN¥2.68b |
Total liabilities | CN¥8.02b |
Total assets | CN¥10.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600393's short term assets (CN¥9.6B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 600393's short term assets (CN¥9.6B) exceed its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 600393's net debt to equity ratio (132.1%) is considered high.
Reducing Debt: 600393's debt to equity ratio has reduced from 137.2% to 135.5% 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 600393 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600393 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.6% per year.