Shanghai STEP Electric Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai STEP Electric has a total shareholder equity of CN¥1.5B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 97.3%. Its total assets and total liabilities are CN¥4.6B and CN¥3.1B respectively.
Key information
97.3%
Debt to equity ratio
CN¥1.48b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥761.42m |
| Equity | CN¥1.52b |
| Total liabilities | CN¥3.07b |
| Total assets | CN¥4.59b |
Recent financial health updates
Recent updates
Improved Revenues Required Before Shanghai STEP Electric Corporation (SZSE:002527) Shares Find Their Feet
Aug 28
We Think Shanghai STEP Electric (SZSE:002527) Has A Fair Chunk Of Debt
Jul 04Calculating The Fair Value Of Shanghai STEP Electric Corporation (SZSE:002527)
Apr 09Improved Revenues Required Before Shanghai STEP Electric Corporation (SZSE:002527) Stock's 26% Jump Looks Justified
Mar 04Financial Position Analysis
Short Term Liabilities: 002527's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 002527's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥392.2M).
Debt to Equity History and Analysis
Debt Level: 002527's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: 002527's debt to equity ratio has increased from 54.1% to 97.3% 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 002527 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002527 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.8% per year.