Cloud Live Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Cloud Live Technology GroupLtd has a total shareholder equity of CN¥125.5M and total debt of CN¥86.6M, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are CN¥754.2M and CN¥628.7M respectively.
Key information
69.0%
Debt to equity ratio
CN¥86.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.51m |
| Equity | CN¥125.53m |
| Total liabilities | CN¥628.69m |
| Total assets | CN¥754.22m |
Recent financial health updates
No updates
Recent updates
Cloud Live Technology Group Co.,Ltd. (SZSE:002306) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Nov 08
Cloud Live Technology GroupLtd's (SZSE:002306) Earnings Might Be Weaker Than You Think
Nov 06Cloud Live Technology Group Co.,Ltd.'s (SZSE:002306) 43% Share Price Surge Not Quite Adding Up
Mar 07Financial Position Analysis
Short Term Liabilities: 002306's short term assets (CN¥170.3M) do not cover its short term liabilities (CN¥526.7M).
Long Term Liabilities: 002306's short term assets (CN¥170.3M) exceed its long term liabilities (CN¥102.0M).
Debt to Equity History and Analysis
Debt Level: 002306's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: 002306's debt to equity ratio has increased from 14.5% to 69% over the past 5 years.
Debt Coverage: 002306's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: Insufficient data to determine if 002306's interest payments on its debt are well covered by EBIT.