Elec-Tech International Balance Sheet Health
Financial Health criteria checks 3/6
Elec-Tech International has a total shareholder equity of CN¥516.4M and total debt of CN¥67.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥1.7B and CN¥1.2B respectively.
Key information
13.0%
Debt to equity ratio
CN¥67.03m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥134.58m |
| Equity | CN¥516.36m |
| Total liabilities | CN¥1.17b |
| Total assets | CN¥1.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002005's short term assets (CN¥517.6M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002005's short term assets (CN¥517.6M) exceed its long term liabilities (CN¥79.6M).
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 51.4% to 13% 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 38.3% each year