Shanghai CDXJ Digital TechnologyLTD Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai CDXJ Digital TechnologyLTD has a total shareholder equity of CN¥2.8B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are CN¥7.3B and CN¥4.5B respectively.
Key information
76.4%
Debt to equity ratio
CN¥2.14b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.02b |
| Equity | CN¥2.80b |
| Total liabilities | CN¥4.45b |
| Total assets | CN¥7.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603887's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603887's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 603887's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: 603887's debt to equity ratio has increased from 39% to 76.4% 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: Whilst unprofitable 603887 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603887 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.4% per year.