InfotmicLtd Balance Sheet Health
Financial Health criteria checks 1/6
InfotmicLtd has a total shareholder equity of CN¥351.3M and total debt of CN¥422.1M, which brings its debt-to-equity ratio to 120.1%. Its total assets and total liabilities are CN¥1.9B and CN¥1.5B respectively. InfotmicLtd's EBIT is CN¥58.6M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥29.8M.
Key information
120.1%
Debt to equity ratio
CN¥422.14m
Debt
Interest coverage ratio | 1.2x |
Cash | CN¥29.85m |
Equity | CN¥351.35m |
Total liabilities | CN¥1.54b |
Total assets | CN¥1.89b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000670's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥1.5B).
Long Term Liabilities: 000670's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥59.2M).
Debt to Equity History and Analysis
Debt Level: 000670's net debt to equity ratio (111.7%) is considered high.
Reducing Debt: 000670's debt to equity ratio has increased from 0% to 120.1% 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: 000670 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 000670 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.7% each year