Elec-Tech International Balance Sheet Health
Financial Health criteria checks 3/6
Elec-Tech International has a total shareholder equity of CN¥496.9M and total debt of CN¥62.9M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are CN¥1.4B and CN¥879.0M respectively.
Key information
12.7%
Debt to equity ratio
CN¥62.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥130.06m |
| Equity | CN¥496.93m |
| Total liabilities | CN¥879.02m |
| Total assets | CN¥1.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002005's short term assets (CN¥547.7M) do not cover its short term liabilities (CN¥804.5M).
Long Term Liabilities: 002005's short term assets (CN¥547.7M) exceed its long term liabilities (CN¥74.5M).
Debt to Equity History and Analysis
Debt Level: 002005 has more cash than its total debt.
Reducing Debt: 002005's debt to equity ratio has reduced from 43.8% to 12.7% 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: 002005 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002005 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.4% each year