Fortune Sun (China) Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Fortune Sun (China) Holdings has a total shareholder equity of CN¥7.5M and total debt of CN¥7.1M, which brings its debt-to-equity ratio to 94.3%. Its total assets and total liabilities are CN¥20.9M and CN¥13.4M respectively.
Key information
94.3%
Debt to equity ratio
CN¥7.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.85m |
| Equity | CN¥7.53m |
| Total liabilities | CN¥13.38m |
| Total assets | CN¥20.91m |
Financial Position Analysis
Short Term Liabilities: 352's short term assets (CN¥8.5M) exceed its short term liabilities (CN¥4.6M).
Long Term Liabilities: 352's short term assets (CN¥8.5M) do not cover its long term liabilities (CN¥8.8M).
Debt to Equity History and Analysis
Debt Level: 352's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: 352's debt to equity ratio has increased from 0% to 94.3% 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: 352 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 352 has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 17.3% each year.