CnlightLtd Balance Sheet Health
Financial Health criteria checks 4/6
CnlightLtd has a total shareholder equity of CN¥256.4M and total debt of CN¥60.4M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are CN¥503.3M and CN¥246.9M respectively.
Key information
23.6%
Debt to equity ratio
CN¥60.44m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥86.40m |
| Equity | CN¥256.45m |
| Total liabilities | CN¥246.90m |
| Total assets | CN¥503.34m |
Recent financial health updates
No updates
Recent updates
Cnlight Co.,Ltd's (SZSE:002076) Business Is Trailing The Industry But Its Shares Aren't
Oct 25
Some Cnlight Co.,Ltd (SZSE:002076) Shareholders Look For Exit As Shares Take 27% Pounding
Jun 10Cnlight Co.,Ltd's (SZSE:002076) Popularity With Investors Under Threat As Stock Sinks 27%
Apr 21Subdued Growth No Barrier To Cnlight Co.,Ltd (SZSE:002076) With Shares Advancing 26%
Mar 07Financial Position Analysis
Short Term Liabilities: 002076's short term assets (CN¥267.8M) exceed its short term liabilities (CN¥187.7M).
Long Term Liabilities: 002076's short term assets (CN¥267.8M) exceed its long term liabilities (CN¥59.2M).
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 335.9% to 23.6% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002076 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46.9% each year