Suzhou Victory Precision Manufacture Balance Sheet Health
Financial Health criteria checks 4/6
Suzhou Victory Precision Manufacture has a total shareholder equity of CN¥3.3B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are CN¥7.3B and CN¥4.0B respectively.
Key information
58.4%
Debt to equity ratio
CN¥1.92b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥298.81m |
| Equity | CN¥3.29b |
| Total liabilities | CN¥4.02b |
| Total assets | CN¥7.31b |
Recent financial health updates
We Think Suzhou Victory Precision Manufacture (SZSE:002426) Has A Fair Chunk Of Debt
Sep 27
Does Suzhou Victory Precision Manufacture (SZSE:002426) Have A Healthy Balance Sheet?
Jun 06Recent updates
We Think Suzhou Victory Precision Manufacture (SZSE:002426) Has A Fair Chunk Of Debt
Sep 27Suzhou Victory Precision Manufacture Co., Ltd.'s (SZSE:002426) Share Price Is Matching Sentiment Around Its Revenues
Aug 16Does Suzhou Victory Precision Manufacture (SZSE:002426) Have A Healthy Balance Sheet?
Jun 06There Is A Reason Suzhou Victory Precision Manufacture Co., Ltd.'s (SZSE:002426) Price Is Undemanding
Apr 22Financial Position Analysis
Short Term Liabilities: 002426's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥3.7B).
Long Term Liabilities: 002426's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥290.1M).
Debt to Equity History and Analysis
Debt Level: 002426's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: 002426's debt to equity ratio has reduced from 58.5% to 58.4% 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: 002426 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002426 has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 2.4% each year.