Sunwave CommunicationsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sunwave CommunicationsLtd has a total shareholder equity of CN¥2.4B and total debt of CN¥522.1M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are CN¥4.4B and CN¥2.0B respectively.
Key information
21.4%
Debt to equity ratio
CN¥522.06m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.01b |
| Equity | CN¥2.44b |
| Total liabilities | CN¥2.01b |
| Total assets | CN¥4.45b |
Recent financial health updates
No updates
Recent updates
Sunwave Communications Co.Ltd (SZSE:002115) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Nov 12
The Market Doesn't Like What It Sees From Sunwave Communications Co.Ltd's (SZSE:002115) Revenues Yet
Sep 26Why Investors Shouldn't Be Surprised By Sunwave Communications Co.Ltd's (SZSE:002115) P/E
Jun 07Investors Met With Slowing Returns on Capital At Sunwave CommunicationsLtd (SZSE:002115)
Mar 28Sunwave Communications Co.Ltd's (SZSE:002115) Shares Bounce 26% But Its Business Still Trails The Industry
Mar 04Financial Position Analysis
Short Term Liabilities: 002115's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002115's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥137.5M).
Debt to Equity History and Analysis
Debt Level: 002115 has more cash than its total debt.
Reducing Debt: 002115's debt to equity ratio has reduced from 36.7% to 21.4% 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: Whilst unprofitable 002115 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002115 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.6% per year.