Hebei Huijin Group Balance Sheet Health
Financial Health criteria checks 3/6
Hebei Huijin Group has a total shareholder equity of CN¥324.5M and total debt of CN¥242.1M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are CN¥1.9B and CN¥1.6B respectively.
Key information
74.6%
Debt to equity ratio
CN¥242.09m
Debt
Interest coverage ratio | n/a |
Cash | CN¥54.56m |
Equity | CN¥324.49m |
Total liabilities | CN¥1.61b |
Total assets | CN¥1.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300368's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300368's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥40.8M).
Debt to Equity History and Analysis
Debt Level: 300368's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: 300368's debt to equity ratio has increased from 15.6% to 74.6% 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: 300368 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300368 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 36.4% each year