Hebei Huijin Group Balance Sheet Health
Financial Health criteria checks 3/6
Hebei Huijin Group has a total shareholder equity of CN¥368.9M and total debt of CN¥386.6M, which brings its debt-to-equity ratio to 104.8%. Its total assets and total liabilities are CN¥2.0B and CN¥1.6B respectively.
Key information
104.8%
Debt to equity ratio
CN¥386.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥84.69m |
| Equity | CN¥368.92m |
| Total liabilities | CN¥1.65b |
| Total assets | CN¥2.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300368's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300368's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥48.8M).
Debt to Equity History and Analysis
Debt Level: 300368's net debt to equity ratio (81.8%) is considered high.
Reducing Debt: 300368's debt to equity ratio has increased from 14.6% to 104.8% 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 300368 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300368 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.8% per year.