Halo Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Halo Microelectronics has a total shareholder equity of CN¥1.7B and total debt of CN¥24.3M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥2.0B and CN¥306.3M respectively.
Key information
1.4%
Debt to equity ratio
CN¥24.32m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.02b |
| Equity | CN¥1.68b |
| Total liabilities | CN¥306.27m |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688173's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥272.2M).
Long Term Liabilities: 688173's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥34.1M).
Debt to Equity History and Analysis
Debt Level: 688173 has more cash than its total debt.
Reducing Debt: 688173's debt to equity ratio has reduced from 30.3% to 1.4% 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: 688173 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688173 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 37.5% each year