Cloud Live Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Cloud Live Technology GroupLtd has a total shareholder equity of CN¥96.5M and total debt of CN¥33.1M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are CN¥692.4M and CN¥595.9M respectively.
Key information
34.3%
Debt to equity ratio
CN¥33.07m
Debt
Interest coverage ratio | n/a |
Cash | CN¥24.35m |
Equity | CN¥96.50m |
Total liabilities | CN¥595.88m |
Total assets | CN¥692.38m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002306's short term assets (CN¥114.0M) do not cover its short term liabilities (CN¥450.1M).
Long Term Liabilities: 002306's short term assets (CN¥114.0M) do not cover its long term liabilities (CN¥145.8M).
Debt to Equity History and Analysis
Debt Level: 002306's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 002306's debt to equity ratio has increased from 0% to 34.3% 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: 002306 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002306 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 62.5% each year