Shenzhen Kingsino TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Kingsino TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 181.6%. Its total assets and total liabilities are CN¥5.8B and CN¥4.2B respectively.
Key information
181.6%
Debt to equity ratio
CN¥2.93b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥493.71m |
| Equity | CN¥1.61b |
| Total liabilities | CN¥4.19b |
| Total assets | CN¥5.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002548's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002548's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002548's net debt to equity ratio (150.9%) is considered high.
Reducing Debt: 002548's debt to equity ratio has increased from 54.2% to 181.6% 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: 002548 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002548 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 7.5% each year.