Tangel Culture Balance Sheet Health
Financial Health criteria checks 5/6
Tangel Culture has a total shareholder equity of CN¥1.1B and total debt of CN¥89.3M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are CN¥1.4B and CN¥294.1M respectively.
Key information
8.4%
Debt to equity ratio
CN¥89.31m
Debt
Interest coverage ratio | n/a |
Cash | CN¥446.90m |
Equity | CN¥1.06b |
Total liabilities | CN¥294.13m |
Total assets | CN¥1.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300148's short term assets (CN¥706.7M) exceed its short term liabilities (CN¥152.7M).
Long Term Liabilities: 300148's short term assets (CN¥706.7M) exceed its long term liabilities (CN¥141.5M).
Debt to Equity History and Analysis
Debt Level: 300148 has more cash than its total debt.
Reducing Debt: 300148's debt to equity ratio has increased from 0.3% to 8.4% 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 300148 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300148 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.1% per year.