Xinjiang Youhao(Group)Co.Ltd Balance Sheet Health
Financial Health criteria checks 3/6
Xinjiang Youhao(Group)Co.Ltd has a total shareholder equity of CN¥240.0M and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 455.6%. Its total assets and total liabilities are CN¥4.0B and CN¥3.7B respectively. Xinjiang Youhao(Group)Co.Ltd's EBIT is CN¥52.9M making its interest coverage ratio 64.7. It has cash and short-term investments of CN¥382.5M.
Key information
455.6%
Debt to equity ratio
CN¥1.09b
Debt
| Interest coverage ratio | 64.7x |
| Cash | CN¥382.52m |
| Equity | CN¥240.04m |
| Total liabilities | CN¥3.74b |
| Total assets | CN¥3.98b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600778's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 600778's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥941.9M).
Debt to Equity History and Analysis
Debt Level: 600778's net debt to equity ratio (296.2%) is considered high.
Reducing Debt: 600778's debt to equity ratio has increased from 177.4% to 455.6% 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 600778 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600778 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 27.2% per year.