Shenzhen Clou Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Clou Electronics has a total shareholder equity of CN¥991.7M and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 362.7%. Its total assets and total liabilities are CN¥7.6B and CN¥6.6B respectively.
Key information
362.7%
Debt to equity ratio
CN¥3.60b
Debt
Interest coverage ratio | n/a |
Cash | CN¥963.99m |
Equity | CN¥991.73m |
Total liabilities | CN¥6.63b |
Total assets | CN¥7.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002121's short term assets (CN¥3.2B) do not cover its short term liabilities (CN¥5.9B).
Long Term Liabilities: 002121's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥750.6M).
Debt to Equity History and Analysis
Debt Level: 002121's net debt to equity ratio (265.5%) is considered high.
Reducing Debt: 002121's debt to equity ratio has increased from 120.5% to 362.7% 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: Whilst unprofitable 002121 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002121 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.8% per year.