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¥92.6M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are CN¥1.4B and CN¥273.5M respectively. Tangel Culture's EBIT is CN¥1.5M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥391.2M.
Key information
8.6%
Debt to equity ratio
CN¥92.61m
Debt
| Interest coverage ratio | -0.08x |
| Cash | CN¥391.19m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥273.47m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300148's short term assets (CN¥719.3M) exceed its short term liabilities (CN¥117.1M).
Long Term Liabilities: 300148's short term assets (CN¥719.3M) exceed its long term liabilities (CN¥156.4M).
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 0.9% to 8.6% 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: 300148 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300148 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20.8% each year