Longzhou Group Balance Sheet Health
Financial Health criteria checks 4/6
Longzhou Group has a total shareholder equity of CN¥2.0B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 187.3%. Its total assets and total liabilities are CN¥7.3B and CN¥5.2B respectively.
Key information
187.3%
Debt to equity ratio
CN¥3.78b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥680.85m |
| Equity | CN¥2.02b |
| Total liabilities | CN¥5.23b |
| Total assets | CN¥7.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002682's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002682's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002682's net debt to equity ratio (153.6%) is considered high.
Reducing Debt: 002682's debt to equity ratio has increased from 77.2% to 187.3% 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 002682 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002682 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.3% per year.