CASIN Real Estate Development GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
CASIN Real Estate Development GroupLtd has a total shareholder equity of CN¥874.6M and total debt of CN¥501.0M, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are CN¥3.6B and CN¥2.8B respectively.
Key information
57.3%
Debt to equity ratio
CN¥500.96m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥342.85m |
| Equity | CN¥874.55m |
| Total liabilities | CN¥2.77b |
| Total assets | CN¥3.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000838's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 000838's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥116.8M).
Debt to Equity History and Analysis
Debt Level: 000838's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: 000838's debt to equity ratio has reduced from 142.8% to 57.3% 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 000838 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000838 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.6% per year.