Tianyu Digital Technology (Dalian) Group Balance Sheet Health
Financial Health criteria checks 5/6
Tianyu Digital Technology (Dalian) Group has a total shareholder equity of CN¥1.4B and total debt of CN¥9.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.9B and CN¥432.6M respectively.
Key information
0.6%
Debt to equity ratio
CN¥9.22m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥345.99m |
| Equity | CN¥1.44b |
| Total liabilities | CN¥432.64m |
| Total assets | CN¥1.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002354's short term assets (CN¥836.3M) exceed its short term liabilities (CN¥416.8M).
Long Term Liabilities: 002354's short term assets (CN¥836.3M) exceed its long term liabilities (CN¥15.9M).
Debt to Equity History and Analysis
Debt Level: 002354 has more cash than its total debt.
Reducing Debt: 002354's debt to equity ratio has reduced from 72.2% to 0.6% 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: 002354 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002354 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.