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Hangzhou Lianluo Interactive Information TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
Hangzhou Lianluo Interactive Information TechnologyLtd has a total shareholder equity of CN¥589.9M and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 585.4%. Its total assets and total liabilities are CN¥11.1B and CN¥10.5B respectively.
Key information
585.4%
Debt to equity ratio
CN¥3.45b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.03b |
| Equity | CN¥589.91m |
| Total liabilities | CN¥10.51b |
| Total assets | CN¥11.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002280's short term assets (CN¥3.8B) do not cover its short term liabilities (CN¥6.4B).
Long Term Liabilities: 002280's short term assets (CN¥3.8B) do not cover its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 002280's net debt to equity ratio (410.6%) is considered high.
Reducing Debt: 002280's debt to equity ratio has increased from 49.1% to 585.4% 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: 002280 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002280 has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 8.9% each year.