CnlightLtd Balance Sheet Health
Financial Health criteria checks 4/6
CnlightLtd has a total shareholder equity of CN¥262.6M and total debt of CN¥62.4M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are CN¥519.9M and CN¥257.3M respectively.
Key information
23.7%
Debt to equity ratio
CN¥62.36m
Debt
Interest coverage ratio | n/a |
Cash | CN¥108.15m |
Equity | CN¥262.59m |
Total liabilities | CN¥257.27m |
Total assets | CN¥519.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002076's short term assets (CN¥297.0M) exceed its short term liabilities (CN¥197.8M).
Long Term Liabilities: 002076's short term assets (CN¥297.0M) exceed its long term liabilities (CN¥59.4M).
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 134.7% to 23.7% 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: 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 grow at historical rates of 29.1% each year.