Shen Zhen Australis Electronic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shen Zhen Australis Electronic TechnologyLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥42.3M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥1.4B and CN¥356.4M respectively.
Key information
4.0%
Debt to equity ratio
CN¥42.32m
Debt
Interest coverage ratio | n/a |
Cash | CN¥427.64m |
Equity | CN¥1.05b |
Total liabilities | CN¥356.41m |
Total assets | CN¥1.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300940's short term assets (CN¥720.1M) exceed its short term liabilities (CN¥257.2M).
Long Term Liabilities: 300940's short term assets (CN¥720.1M) exceed its long term liabilities (CN¥99.2M).
Debt to Equity History and Analysis
Debt Level: 300940 has more cash than its total debt.
Reducing Debt: 300940's debt to equity ratio has reduced from 13.7% to 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: 300940 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300940 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 52.8% each year