Veken Technology Balance Sheet Health
Financial Health criteria checks 6/6
Veken Technology has a total shareholder equity of CN¥1.8B and total debt of CN¥100.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥3.2B and CN¥1.4B respectively.
Key information
5.6%
Debt to equity ratio
CN¥100.04m
Debt
Interest coverage ratio | n/a |
Cash | CN¥660.96m |
Equity | CN¥1.79b |
Total liabilities | CN¥1.41b |
Total assets | CN¥3.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600152's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 600152's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥146.1M).
Debt to Equity History and Analysis
Debt Level: 600152 has more cash than its total debt.
Reducing Debt: 600152's debt to equity ratio has reduced from 25% to 5.6% 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 600152 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600152 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.9% per year.