China High-Speed Railway Technology Balance Sheet Health
Financial Health criteria checks 3/6
China High-Speed Railway Technology has a total shareholder equity of CN¥3.6B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 105.5%. Its total assets and total liabilities are CN¥10.7B and CN¥7.1B respectively.
Key information
105.5%
Debt to equity ratio
CN¥3.80b
Debt
Interest coverage ratio | n/a |
Cash | CN¥525.36m |
Equity | CN¥3.60b |
Total liabilities | CN¥7.06b |
Total assets | CN¥10.66b |
Recent financial health updates
Is China High-Speed Railway Technology (SZSE:000008) A Risky Investment?
Aug 02Here's Why China High-Speed Railway Technology (SZSE:000008) Can Afford Some Debt
Mar 07Recent updates
Is China High-Speed Railway Technology (SZSE:000008) A Risky Investment?
Aug 02Revenues Tell The Story For China High-Speed Railway Technology Co., Ltd. (SZSE:000008)
Jun 25Revenues Not Telling The Story For China High-Speed Railway Technology Co., Ltd. (SZSE:000008) After Shares Rise 28%
Mar 08Here's Why China High-Speed Railway Technology (SZSE:000008) Can Afford Some Debt
Mar 07Financial Position Analysis
Short Term Liabilities: 000008's short term assets (CN¥4.9B) do not cover its short term liabilities (CN¥6.5B).
Long Term Liabilities: 000008's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥555.6M).
Debt to Equity History and Analysis
Debt Level: 000008's net debt to equity ratio (90.9%) is considered high.
Reducing Debt: 000008's debt to equity ratio has increased from 14.5% to 105.5% 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: 000008 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 000008 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 43.2% each year.