Saimo TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Saimo TechnologyLtd has a total shareholder equity of CN¥784.8M and total debt of CN¥250.8M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are CN¥1.4B and CN¥629.8M respectively. Saimo TechnologyLtd's EBIT is CN¥32.7M making its interest coverage ratio -30.8. It has cash and short-term investments of CN¥68.2M.
Key information
32.0%
Debt to equity ratio
CN¥250.83m
Debt
Interest coverage ratio | -30.8x |
Cash | CN¥68.20m |
Equity | CN¥784.79m |
Total liabilities | CN¥629.79m |
Total assets | CN¥1.41b |
Financial Position Analysis
Short Term Liabilities: 300466's short term assets (CN¥992.9M) exceed its short term liabilities (CN¥599.1M).
Long Term Liabilities: 300466's short term assets (CN¥992.9M) exceed its long term liabilities (CN¥30.7M).
Debt to Equity History and Analysis
Debt Level: 300466's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: 300466's debt to equity ratio has increased from 13.3% to 32% 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: 300466 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300466 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.9% each year