Ming Yuan Cloud Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ming Yuan Cloud Group Holdings has a total shareholder equity of CN¥4.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.6B and CN¥873.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.80b |
| Equity | CN¥4.73b |
| Total liabilities | CN¥873.38m |
| Total assets | CN¥5.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 909's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥789.6M).
Long Term Liabilities: 909's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥83.8M).
Debt to Equity History and Analysis
Debt Level: 909 is debt free.
Reducing Debt: 909 has no debt compared to 5 years ago when its debt to equity ratio was 54.7%.
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: 909 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 909 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.