Shenzhen Zqgame Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Zqgame has a total shareholder equity of CN¥426.5M and total debt of CN¥101.9M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are CN¥785.1M and CN¥358.5M respectively.
Key information
23.9%
Debt to equity ratio
CN¥101.88m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥36.23m |
| Equity | CN¥426.51m |
| Total liabilities | CN¥358.54m |
| Total assets | CN¥785.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300052's short term assets (CN¥168.2M) do not cover its short term liabilities (CN¥232.5M).
Long Term Liabilities: 300052's short term assets (CN¥168.2M) exceed its long term liabilities (CN¥126.0M).
Debt to Equity History and Analysis
Debt Level: 300052's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: 300052's debt to equity ratio has reduced from 26.4% to 23.9% 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 300052 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300052 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.2% per year.