CnlightLtd Balance Sheet Health
Financial Health criteria checks 6/6
CnlightLtd has a total shareholder equity of CN¥259.3M and total debt of CN¥3.2M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥529.3M and CN¥270.0M respectively.
Key information
1.2%
Debt to equity ratio
CN¥3.24m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥74.16m |
| Equity | CN¥259.28m |
| Total liabilities | CN¥270.03m |
| Total assets | CN¥529.31m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002076's short term assets (CN¥262.0M) exceed its short term liabilities (CN¥209.3M).
Long Term Liabilities: 002076's short term assets (CN¥262.0M) exceed its long term liabilities (CN¥60.7M).
Debt to Equity History and Analysis
Debt Level: 002076 has more cash than its total debt.
Reducing Debt: 002076's debt to equity ratio has reduced from 147.5% to 1.2% 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: 002076 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002076 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 46.8% each year