Guangzhou Echom Sci.&Tech.Co.Ltd Balance Sheet Health
Financial Health criteria checks 1/6
Guangzhou Echom Sci.&Tech.Co.Ltd has a total shareholder equity of CN¥557.5M and total debt of CN¥535.7M, which brings its debt-to-equity ratio to 96.1%. Its total assets and total liabilities are CN¥2.2B and CN¥1.7B respectively.
Key information
96.1%
Debt to equity ratio
CN¥535.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥250.86m |
| Equity | CN¥557.48m |
| Total liabilities | CN¥1.66b |
| Total assets | CN¥2.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002420's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002420's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥73.9M).
Debt to Equity History and Analysis
Debt Level: 002420's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: 002420's debt to equity ratio has increased from 35% to 96.1% 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: Insufficient data to determine if 002420 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002420 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.