JoulWatt Technology Balance Sheet Health
Financial Health criteria checks 5/6
JoulWatt Technology has a total shareholder equity of CN¥2.5B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are CN¥4.2B and CN¥1.7B respectively.
Key information
51.4%
Debt to equity ratio
CN¥1.29b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.74b |
Equity | CN¥2.52b |
Total liabilities | CN¥1.66b |
Total assets | CN¥4.18b |
Financial Position Analysis
Short Term Liabilities: 688141's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥877.2M).
Long Term Liabilities: 688141's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥781.3M).
Debt to Equity History and Analysis
Debt Level: 688141 has more cash than its total debt.
Reducing Debt: 688141 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 688141 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 688141 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.