Shenzhen Silver Basis Technology Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Silver Basis Technology has a total shareholder equity of CN¥91.0M and total debt of CN¥890.9M, which brings its debt-to-equity ratio to 978.7%. Its total assets and total liabilities are CN¥3.7B and CN¥3.6B respectively.
Key information
978.7%
Debt to equity ratio
CN¥890.87m
Debt
Interest coverage ratio | n/a |
Cash | CN¥95.78m |
Equity | CN¥91.02m |
Total liabilities | CN¥3.62b |
Total assets | CN¥3.71b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002786's short term assets (CN¥1.9B) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002786's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥408.2M).
Debt to Equity History and Analysis
Debt Level: 002786's net debt to equity ratio (873.5%) is considered high.
Reducing Debt: 002786's debt to equity ratio has increased from 96.5% to 978.7% 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 002786 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002786 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.8% per year.