Chengdu JOUAV Automation TechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Chengdu JOUAV Automation TechLtd has a total shareholder equity of CN¥577.8M and total debt of CN¥161.9M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CN¥888.3M and CN¥310.5M respectively.
Key information
28.0%
Debt to equity ratio
CN¥161.89m
Debt
Interest coverage ratio | n/a |
Cash | CN¥170.76m |
Equity | CN¥577.78m |
Total liabilities | CN¥310.49m |
Total assets | CN¥888.27m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688070's short term assets (CN¥469.1M) exceed its short term liabilities (CN¥282.8M).
Long Term Liabilities: 688070's short term assets (CN¥469.1M) exceed its long term liabilities (CN¥27.7M).
Debt to Equity History and Analysis
Debt Level: 688070 has more cash than its total debt.
Reducing Debt: 688070's debt to equity ratio has increased from 2.6% to 28% 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: 688070 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688070 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 22.8% each year.