Sensteed Hi-Tech Group Balance Sheet Health
Financial Health criteria checks 1/6
Sensteed Hi-Tech Group has a total shareholder equity of CN¥4.3B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 137%. Its total assets and total liabilities are CN¥17.9B and CN¥13.6B respectively.
Key information
137.0%
Debt to equity ratio
CN¥5.93b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥730.75m |
| Equity | CN¥4.33b |
| Total liabilities | CN¥13.59b |
| Total assets | CN¥17.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000981's short term assets (CN¥6.2B) do not cover its short term liabilities (CN¥10.9B).
Long Term Liabilities: 000981's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 000981's net debt to equity ratio (120.1%) is considered high.
Reducing Debt: 000981's debt to equity ratio has increased from 73.3% to 137% 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: 000981 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000981 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.4% each year