Aurora OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Aurora OptoelectronicsLtd has a total shareholder equity of CN¥995.1M and total debt of CN¥56.7M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥2.0B and CN¥1.0B respectively.
Key information
5.7%
Debt to equity ratio
CN¥56.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥120.99m |
| Equity | CN¥995.13m |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥2.00b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Aurora Optoelectronics Co.,Ltd.'s (SHSE:600666) Massive 36% Price Jump
Oct 08
Aurora Optoelectronics Co.,Ltd.'s (SHSE:600666) 27% Share Price Surge Not Quite Adding Up
Aug 16Aurora Optoelectronics Co.,Ltd. (SHSE:600666) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Jun 03Financial Position Analysis
Short Term Liabilities: 600666's short term assets (CN¥555.7M) exceed its short term liabilities (CN¥447.2M).
Long Term Liabilities: 600666's short term assets (CN¥555.7M) do not cover its long term liabilities (CN¥558.6M).
Debt to Equity History and Analysis
Debt Level: 600666 has more cash than its total debt.
Reducing Debt: 600666's debt to equity ratio has reduced from 162.8% to 5.7% 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: 600666 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600666 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 64.6% each year