Sensteed Hi-Tech Group Balance Sheet Health
Financial Health criteria checks 3/6
Sensteed Hi-Tech Group has a total shareholder equity of CN¥3.6B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 162.3%. Its total assets and total liabilities are CN¥15.0B and CN¥11.4B respectively.
Key information
162.3%
Debt to equity ratio
CN¥5.78b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.05b |
Equity | CN¥3.56b |
Total liabilities | CN¥11.45b |
Total assets | CN¥15.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000981's short term assets (CN¥6.1B) do not cover its short term liabilities (CN¥8.8B).
Long Term Liabilities: 000981's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 000981's net debt to equity ratio (132.8%) is considered high.
Reducing Debt: 000981's debt to equity ratio has increased from 74.8% to 162.3% 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: Whilst unprofitable 000981 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000981 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.7% per year.