Soyea Technology Balance Sheet Health
Financial Health criteria checks 2/6
Soyea Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥986.1M, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are CN¥3.0B and CN¥1.8B respectively. Soyea Technology's EBIT is CN¥35.9M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥406.5M.
Key information
82.4%
Debt to equity ratio
CN¥986.08m
Debt
Interest coverage ratio | 0.7x |
Cash | CN¥406.49m |
Equity | CN¥1.20b |
Total liabilities | CN¥1.79b |
Total assets | CN¥2.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000909's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 000909's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥129.3M).
Debt to Equity History and Analysis
Debt Level: 000909's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: 000909's debt to equity ratio has reduced from 107.9% to 82.4% 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: 000909 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000909 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6% each year