Optics Technology HoldingLtd Balance Sheet Health
Financial Health criteria checks 0/6
Optics Technology HoldingLtd has a total shareholder equity of CN¥22.9M and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 8697.4%. Its total assets and total liabilities are CN¥3.5B and CN¥3.5B respectively.
Key information
8,697.4%
Debt to equity ratio
CN¥1.99b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥64.20m |
| Equity | CN¥22.94m |
| Total liabilities | CN¥3.46b |
| Total assets | CN¥3.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300489's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300489's short term assets (CN¥1.2B) do not cover its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 300489's net debt to equity ratio (8417.5%) is considered high.
Reducing Debt: 300489's debt to equity ratio has increased from 20% to 8697.4% 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: 300489 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300489 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.9% each year