Shanghai Taihe Water Technology DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Taihe Water Technology DevelopmentLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥284.6M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥222.40m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥284.56m |
| Total assets | CN¥1.56b |
Recent financial health updates
Here's Why We're Not Too Worried About Shanghai Taihe Water Technology DevelopmentLtd's (SHSE:605081) Cash Burn Situation
Oct 14
We Think Shanghai Taihe Water Technology DevelopmentLtd (SHSE:605081) Can Afford To Drive Business Growth
Jul 02Recent updates
Here's Why We're Not Too Worried About Shanghai Taihe Water Technology DevelopmentLtd's (SHSE:605081) Cash Burn Situation
Oct 14More Unpleasant Surprises Could Be In Store For Shanghai Taihe Water Technology Development Co.,Ltd.'s (SHSE:605081) Shares After Tumbling 27%
Sep 09Revenues Not Telling The Story For Shanghai Taihe Water Technology Development Co.,Ltd. (SHSE:605081) After Shares Rise 28%
Jul 24We Think Shanghai Taihe Water Technology DevelopmentLtd (SHSE:605081) Can Afford To Drive Business Growth
Jul 02There's Reason For Concern Over Shanghai Taihe Water Technology Development Co.,Ltd.'s (SHSE:605081) Massive 26% Price Jump
May 27Shanghai Taihe Water Technology Development Co.,Ltd. (SHSE:605081) Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 605081's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥188.4M).
Long Term Liabilities: 605081's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥96.2M).
Debt to Equity History and Analysis
Debt Level: 605081 is debt free.
Reducing Debt: 605081 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
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: 605081 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 605081 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 15.2% each year.