Shanghai LongYun Cultural Creation & Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai LongYun Cultural Creation & Technology Group has a total shareholder equity of CN¥346.6M and total debt of CN¥119.8M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are CN¥640.9M and CN¥294.3M respectively.
Key information
34.6%
Debt to equity ratio
CN¥119.79m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥23.00m |
| Equity | CN¥346.56m |
| Total liabilities | CN¥294.31m |
| Total assets | CN¥640.87m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603729's short term assets (CN¥241.7M) exceed its short term liabilities (CN¥220.7M).
Long Term Liabilities: 603729's short term assets (CN¥241.7M) exceed its long term liabilities (CN¥73.6M).
Debt to Equity History and Analysis
Debt Level: 603729's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: 603729's debt to equity ratio has reduced from 43.3% to 34.6% 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: Whilst unprofitable 603729 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 603729 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.3% per year.