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Labixiaoxin Snacks Group Balance Sheet Health
Financial Health criteria checks 3/6
Labixiaoxin Snacks Group has a total shareholder equity of CN¥222.6M and total debt of CN¥451.3M, which brings its debt-to-equity ratio to 202.8%. Its total assets and total liabilities are CN¥810.9M and CN¥588.3M respectively.
Key information
202.8%
Debt to equity ratio
CN¥451.27m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥44.32m |
| Equity | CN¥222.56m |
| Total liabilities | CN¥588.35m |
| Total assets | CN¥810.91m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 2958's short term assets (CN¥478.1M) do not cover its short term liabilities (CN¥572.5M).
Long Term Liabilities: 2958's short term assets (CN¥478.1M) exceed its long term liabilities (CN¥15.8M).
Debt to Equity History and Analysis
Debt Level: 2958's net debt to equity ratio (182.9%) is considered high.
Reducing Debt: 2958's debt to equity ratio has increased from 110.6% to 202.8% 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 2958 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2958 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.6% per year.