IRICO Group New Energy Balance Sheet Health
Financial Health criteria checks 2/6
IRICO Group New Energy has a total shareholder equity of CN¥1.8B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 214.9%. Its total assets and total liabilities are CN¥8.8B and CN¥7.0B respectively.
Key information
214.9%
Debt to equity ratio
CN¥3.87b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥950.93m |
| Equity | CN¥1.80b |
| Total liabilities | CN¥7.04b |
| Total assets | CN¥8.84b |
Recent financial health updates
Does IRICO Group New Energy (HKG:438) Have A Healthy Balance Sheet?
Sep 30
Is IRICO Group New Energy (HKG:438) A Risky Investment?
Apr 12IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly
Aug 27IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly
May 17Recent updates
Getting In Cheap On IRICO Group New Energy Company Limited (HKG:438) Is Unlikely
Dec 19IRICO Group New Energy (HKG:438) Will Be Hoping To Turn Its Returns On Capital Around
Aug 10Capital Allocation Trends At IRICO Group New Energy (HKG:438) Aren't Ideal
Nov 08Does IRICO Group New Energy (HKG:438) Have A Healthy Balance Sheet?
Sep 30Here's What To Make Of IRICO Group New Energy's (HKG:438) Decelerating Rates Of Return
Jul 25Is IRICO Group New Energy (HKG:438) A Risky Investment?
Apr 12Investors Will Want IRICO Group New Energy's (HKG:438) Growth In ROCE To Persist
Jan 27Estimating The Intrinsic Value Of IRICO Group New Energy Company Limited (HKG:438)
Nov 06The Return Trends At IRICO Group New Energy (HKG:438) Look Promising
Oct 19IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly
Aug 27IRICO Group New Energy (HKG:438) Seems To Use Debt Quite Sensibly
May 17Returns At IRICO Group New Energy (HKG:438) Are On The Way Up
Mar 30A Look At The Fair Value Of IRICO Group New Energy Company Limited (HKG:438)
Feb 01
The IRICO Group New Energy (HKG:438) Share Price Has Gained 163%, So Why Not Pay It Some Attention?
Jan 06We're Not So Sure You Should Rely on IRICO Group New Energy's (HKG:438) Statutory Earnings
Dec 02Financial Position Analysis
Short Term Liabilities: 438's short term assets (CN¥3.4B) do not cover its short term liabilities (CN¥4.6B).
Long Term Liabilities: 438's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 438's net debt to equity ratio (162%) is considered high.
Reducing Debt: 438's debt to equity ratio has reduced from 915% to 214.9% 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: Insufficient data to determine if 438 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 438 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.