Xi'an Tianhe Defense Technology Balance Sheet Health
Financial Health criteria checks 3/6
Xi'an Tianhe Defense Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥412.9M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are CN¥2.5B and CN¥882.1M respectively.
Key information
25.6%
Debt to equity ratio
CN¥412.89m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥247.17m |
| Equity | CN¥1.62b |
| Total liabilities | CN¥882.07m |
| Total assets | CN¥2.50b |
Recent financial health updates
Recent updates
Xi'an Tianhe Defense Technology Co., Ltd. (SZSE:300397) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Apr 29
Xi'an Tianhe Defense Technology (SZSE:300397) Is Carrying A Fair Bit Of Debt
Apr 26Xi'an Tianhe Defense Technology Co., Ltd.'s (SZSE:300397) Shares Climb 39% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 300397's short term assets (CN¥787.8M) exceed its short term liabilities (CN¥494.1M).
Long Term Liabilities: 300397's short term assets (CN¥787.8M) exceed its long term liabilities (CN¥388.0M).
Debt to Equity History and Analysis
Debt Level: 300397's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 300397's debt to equity ratio has increased from 1.5% to 25.6% 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: 300397 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300397 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.6% each year