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
Recent updates
Tanac Automation Co., Ltd.'s (SZSE:300461) 28% Share Price Plunge Could Signal Some Risk
Jan 05
We Think Tanac Automation (SZSE:300461) Has A Fair Chunk Of Debt
Dec 05Tanac Automation Co., Ltd.'s (SZSE:300461) Shares May Have Run Too Fast Too Soon
Oct 05There'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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 05:31 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tanac Automation Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shi Hua Ouyang | Guosen Securities Co., Ltd. |