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HNA Innovation Balance Sheet Health
Financial Health criteria checks 5/6
Key information
28.4%
Debt to equity ratio
CN¥173.38m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.63m |
| Equity | CN¥611.45m |
| Total liabilities | CN¥1.15b |
| Total assets | CN¥1.76b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900955's short term assets (CN¥846.8M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 900955's short term assets (CN¥846.8M) exceed its long term liabilities (CN¥20.4M).
Debt to Equity History and Analysis
Debt Level: 900955's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: 900955's debt to equity ratio has reduced from 93.9% to 28.4% 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 900955 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 900955 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.8% per year.