Chaoda Modern Agriculture (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Chaoda Modern Agriculture (Holdings) has a total shareholder equity of CN¥209.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥243.5M and CN¥34.2M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | n/a |
Cash | CN¥110.63m |
Equity | CN¥209.38m |
Total liabilities | CN¥34.15m |
Total assets | CN¥243.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMGH.Y's short term assets (CN¥127.7M) exceed its short term liabilities (CN¥33.4M).
Long Term Liabilities: CMGH.Y's short term assets (CN¥127.7M) exceed its long term liabilities (CN¥717.0K).
Debt to Equity History and Analysis
Debt Level: CMGH.Y is debt free.
Reducing Debt: CMGH.Y had no debt 5 years ago.
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 CMGH.Y has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CMGH.Y is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.2% per year.