China Huarong Energy Company Limited

DB:XYTA Stock Report

Market Cap: €22.2m

China Huarong Energy Balance Sheet Health

Financial Health criteria checks 2/6

China Huarong Energy has a total shareholder equity of CN¥-9.3B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to -43.6%. Its total assets and total liabilities are CN¥1.4B and CN¥10.8B respectively.

Key information

-43.6%

Debt to equity ratio

CN¥4.07b

Debt

Interest coverage ration/a
CashCN¥3.63m
Equity-CN¥9.34b
Total liabilitiesCN¥10.76b
Total assetsCN¥1.42b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: XYTA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: XYTA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: XYTA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: XYTA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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 XYTA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: XYTA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 71.9% per year.


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