Phoenix Shipping (Wuhan) Balance Sheet Health
Financial Health criteria checks 3/6
Phoenix Shipping (Wuhan) has a total shareholder equity of CN¥537.1M and total debt of CN¥27.5M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥755.0M and CN¥218.0M respectively.
Key information
5.1%
Debt to equity ratio
CN¥27.51m
Debt
Interest coverage ratio | n/a |
Cash | CN¥94.98m |
Equity | CN¥537.06m |
Total liabilities | CN¥217.97m |
Total assets | CN¥755.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000520's short term assets (CN¥256.5M) exceed its short term liabilities (CN¥178.1M).
Long Term Liabilities: 000520's short term assets (CN¥256.5M) exceed its long term liabilities (CN¥39.9M).
Debt to Equity History and Analysis
Debt Level: 000520 has more cash than its total debt.
Reducing Debt: 000520's debt to equity ratio has increased from 0% to 5.1% 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: Insufficient data to determine if 000520 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 000520 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.