Aurora OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Aurora OptoelectronicsLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥32.2M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥2.2B and CN¥1.1B respectively.
Key information
3.0%
Debt to equity ratio
CN¥32.16m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥265.98m |
| Equity | CN¥1.07b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥2.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600666's short term assets (CN¥689.6M) exceed its short term liabilities (CN¥441.8M).
Long Term Liabilities: 600666's short term assets (CN¥689.6M) do not cover its long term liabilities (CN¥690.1M).
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 282.3% to 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: 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 67.4% each year