Zhongtong Guomai Communication Balance Sheet Health
Financial Health criteria checks 5/6
Zhongtong Guomai Communication has a total shareholder equity of CN¥109.7M and total debt of CN¥90.9M, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are CN¥1.1B and CN¥1.0B respectively.
Key information
82.9%
Debt to equity ratio
CN¥90.94m
Debt
Interest coverage ratio | n/a |
Cash | CN¥47.19m |
Equity | CN¥109.74m |
Total liabilities | CN¥1.03b |
Total assets | CN¥1.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603559's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥937.0M).
Long Term Liabilities: 603559's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥93.0M).
Debt to Equity History and Analysis
Debt Level: 603559's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: 603559's debt to equity ratio has increased from 28.5% to 82.9% 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: 603559 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 603559 has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 35.8% each year.