Zhejiang Furun Digital TechnologyLTD Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang Furun Digital TechnologyLTD has a total shareholder equity of CN¥488.7M and total debt of CN¥98.8M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are CN¥931.8M and CN¥443.1M respectively.
Key information
20.2%
Debt to equity ratio
CN¥98.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥41.35m |
| Equity | CN¥488.71m |
| Total liabilities | CN¥443.14m |
| Total assets | CN¥931.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600070's short term assets (CN¥330.7M) do not cover its short term liabilities (CN¥437.3M).
Long Term Liabilities: 600070's short term assets (CN¥330.7M) exceed its long term liabilities (CN¥5.9M).
Debt to Equity History and Analysis
Debt Level: 600070's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 600070's debt to equity ratio has increased from 15% to 20.2% 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: 600070 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 600070 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.9% each year