Sino-Ocean Group Holding Balance Sheet Health
Financial Health criteria checks 3/6
Sino-Ocean Group Holding has a total shareholder equity of CN¥20.8B and total debt of CN¥96.1B, which brings its debt-to-equity ratio to 462.4%. Its total assets and total liabilities are CN¥206.2B and CN¥185.4B respectively.
Key information
462.4%
Debt to equity ratio
CN¥96.14b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.64b |
Equity | CN¥20.79b |
Total liabilities | CN¥185.38b |
Total assets | CN¥206.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3377's short term assets (CN¥146.0B) do not cover its short term liabilities (CN¥154.5B).
Long Term Liabilities: 3377's short term assets (CN¥146.0B) exceed its long term liabilities (CN¥30.9B).
Debt to Equity History and Analysis
Debt Level: 3377's net debt to equity ratio (449.7%) is considered high.
Reducing Debt: 3377's debt to equity ratio has increased from 140.3% to 462.4% 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 3377 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3377 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.6% per year.