Tanac Automation Balance Sheet Health
Financial Health criteria checks 4/6
Tanac Automation has a total shareholder equity of CN¥628.1M and total debt of CN¥87.6M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are CN¥978.5M and CN¥350.4M respectively.
Key information
14.0%
Debt to equity ratio
CN¥87.62m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥53.48m |
| Equity | CN¥628.09m |
| Total liabilities | CN¥350.44m |
| Total assets | CN¥978.53m |
Recent financial health updates
No updates
Recent updates
Tanac Automation Co., Ltd.'s (SZSE:300461) Shares May Have Run Too Fast Too Soon
Oct 05
There's Reason For Concern Over Tanac Automation Co., Ltd.'s (SZSE:300461) Massive 32% Price Jump
Jun 27The Strong Earnings Posted By Tanac Automation (SZSE:300461) Are A Good Indication Of The Strength Of The Business
Apr 04There's Reason For Concern Over Tanac Automation Co., Ltd.'s (SZSE:300461) Massive 31% Price Jump
Mar 07Financial Position Analysis
Short Term Liabilities: 300461's short term assets (CN¥511.0M) exceed its short term liabilities (CN¥294.2M).
Long Term Liabilities: 300461's short term assets (CN¥511.0M) exceed its long term liabilities (CN¥56.2M).
Debt to Equity History and Analysis
Debt Level: 300461's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: 300461's debt to equity ratio has reduced from 123.5% to 14% 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: 300461 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300461 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 61.6% each year