Shineco Balance Sheet Health
Financial Health criteria checks 1/6
Shineco has a total shareholder equity of $50.8M and total debt of $31.0M, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are $102.5M and $51.6M respectively.
Key information
61.1%
Debt to equity ratio
US$31.04m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.23m |
| Equity | US$50.82m |
| Total liabilities | US$51.63m |
| Total assets | US$102.45m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SISI's short term assets ($21.8M) do not cover its short term liabilities ($40.5M).
Long Term Liabilities: SISI's short term assets ($21.8M) exceed its long term liabilities ($11.1M).
Debt to Equity History and Analysis
Debt Level: SISI's net debt to equity ratio (58.6%) is considered high.
Reducing Debt: SISI's debt to equity ratio has increased from 2.9% to 61.1% 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: SISI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SISI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.7% each year