Hengyang Petrochemical Logistics Balance Sheet Health
Financial Health criteria checks 6/6
Hengyang Petrochemical Logistics has a total shareholder equity of CN¥552.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥554.0M and CN¥1.5M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥21.34m |
| Equity | CN¥552.48m |
| Total liabilities | CN¥1.53m |
| Total assets | CN¥554.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5HY's short term assets (CN¥21.5M) exceed its short term liabilities (CN¥1.5M).
Long Term Liabilities: 5HY's short term assets (CN¥21.5M) exceed its long term liabilities (CN¥29.0K).
Debt to Equity History and Analysis
Debt Level: 5HY is debt free.
Reducing Debt: 5HY had no debt 5 years ago.
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: 5HY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 5HY has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 50.3% each year