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 ratio1.2x
CashCN¥29.85m
EquityCN¥351.35m
Total liabilitiesCN¥1.54b
Total assetsCN¥1.89b

Recent financial health updates

Recent updates

Infotmic Co.,Ltd's (SZSE:000670) Shares Bounce 33% But Its Business Still Trails The Industry

Oct 02
Infotmic Co.,Ltd's (SZSE:000670) Shares Bounce 33% But Its Business Still Trails The Industry

InfotmicLtd (SZSE:000670) Has A Somewhat Strained Balance Sheet

Aug 01
InfotmicLtd (SZSE:000670) Has A Somewhat Strained Balance Sheet

Fewer Investors Than Expected Jumping On Infotmic Co.,Ltd (SZSE:000670)

Apr 18
Fewer Investors Than Expected Jumping On Infotmic Co.,Ltd (SZSE:000670)

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


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