Bright Oceans Inter-Telecom Balance Sheet Health
Financial Health criteria checks 5/6
Bright Oceans Inter-Telecom has a total shareholder equity of CN¥403.4M and total debt of CN¥6.8M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CN¥1.2B and CN¥815.8M respectively.
Key information
1.7%
Debt to equity ratio
CN¥6.84m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥667.28m |
| Equity | CN¥403.37m |
| Total liabilities | CN¥815.77m |
| Total assets | CN¥1.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600289's short term assets (CN¥805.6M) exceed its short term liabilities (CN¥340.8M).
Long Term Liabilities: 600289's short term assets (CN¥805.6M) exceed its long term liabilities (CN¥475.0M).
Debt to Equity History and Analysis
Debt Level: 600289 has more cash than its total debt.
Reducing Debt: 600289's debt to equity ratio has increased from 0% to 1.7% 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: 600289 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 600289 has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 40.4% each year.