Tian Jin Bohai ChemicalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tian Jin Bohai ChemicalLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are CN¥3.8B and CN¥2.0B respectively.
Key information
58.9%
Debt to equity ratio
CN¥1.10b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥604.96m |
| Equity | CN¥1.86b |
| Total liabilities | CN¥1.98b |
| Total assets | CN¥3.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600800's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600800's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥597.6M).
Debt to Equity History and Analysis
Debt Level: 600800's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: 600800's debt to equity ratio has increased from 0% to 58.9% 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: 600800 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 600800 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 12.4% each year.