Jiangsu Wanlin Modern Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Wanlin Modern Logistics has a total shareholder equity of CN¥1.2B and total debt of CN¥56.7M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥1.5B and CN¥374.7M respectively. Jiangsu Wanlin Modern Logistics's EBIT is CN¥12.1M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥19.3M.
Key information
4.9%
Debt to equity ratio
CN¥56.73m
Debt
Interest coverage ratio | -0.2x |
Cash | CN¥19.32m |
Equity | CN¥1.16b |
Total liabilities | CN¥374.71m |
Total assets | CN¥1.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603117's short term assets (CN¥267.0M) do not cover its short term liabilities (CN¥289.8M).
Long Term Liabilities: 603117's short term assets (CN¥267.0M) exceed its long term liabilities (CN¥84.9M).
Debt to Equity History and Analysis
Debt Level: 603117's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 603117's debt to equity ratio has reduced from 76.3% to 4.9% 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: Whilst unprofitable 603117 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603117 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.8% per year.