Tanac Automation Balance Sheet Health
Financial Health criteria checks 4/6
Tanac Automation has a total shareholder equity of CN¥662.9M and total debt of CN¥96.7M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥1.0B and CN¥338.2M respectively.
Key information
14.6%
Debt to equity ratio
CN¥96.71m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥86.78m |
| Equity | CN¥662.94m |
| Total liabilities | CN¥338.19m |
| Total assets | CN¥1.00b |
Financial Position Analysis
Short Term Liabilities: 300461's short term assets (CN¥491.4M) exceed its short term liabilities (CN¥268.6M).
Long Term Liabilities: 300461's short term assets (CN¥491.4M) exceed its long term liabilities (CN¥69.5M).
Debt to Equity History and Analysis
Debt Level: 300461's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 300461's debt to equity ratio has reduced from 76.7% to 14.6% 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: 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 47.6% each year