Sunfly Intelligent Technology Balance Sheet Health
Financial Health criteria checks 6/6
Sunfly Intelligent Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥105.6M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥4.2B and CN¥1.6B respectively. Sunfly Intelligent Technology's EBIT is CN¥44.6M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥628.4M.
Key information
4.0%
Debt to equity ratio
CN¥105.65m
Debt
Interest coverage ratio | -3.6x |
Cash | CN¥628.38m |
Equity | CN¥2.67b |
Total liabilities | CN¥1.58b |
Total assets | CN¥4.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300423's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300423's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥13.5M).
Debt to Equity History and Analysis
Debt Level: 300423 has more cash than its total debt.
Reducing Debt: 300423's debt to equity ratio has reduced from 5.9% to 4% 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: 300423 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300423 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 28.5% each year.