EFORT Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 5/6
EFORT Intelligent Equipment has a total shareholder equity of CN¥1.8B and total debt of CN¥720.4M, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are CN¥3.3B and CN¥1.6B respectively.
Key information
40.7%
Debt to equity ratio
CN¥720.42m
Debt
Interest coverage ratio | n/a |
Cash | CN¥698.77m |
Equity | CN¥1.77b |
Total liabilities | CN¥1.57b |
Total assets | CN¥3.34b |
Financial Position Analysis
Short Term Liabilities: 688165's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 688165's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥536.5M).
Debt to Equity History and Analysis
Debt Level: 688165's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 688165's debt to equity ratio has increased from 19.2% to 40.7% 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: 688165 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688165 has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 0.5% each year.