Rockontrol Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Rockontrol Technology Group has a total shareholder equity of CN¥787.2M and total debt of CN¥104.1M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥1.1B and CN¥311.3M respectively.
Key information
13.2%
Debt to equity ratio
CN¥104.08m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥113.42m |
| Equity | CN¥787.20m |
| Total liabilities | CN¥311.34m |
| Total assets | CN¥1.10b |
Financial Position Analysis
Short Term Liabilities: 688051's short term assets (CN¥615.6M) exceed its short term liabilities (CN¥289.3M).
Long Term Liabilities: 688051's short term assets (CN¥615.6M) exceed its long term liabilities (CN¥22.1M).
Debt to Equity History and Analysis
Debt Level: 688051 has more cash than its total debt.
Reducing Debt: 688051's debt to equity ratio has reduced from 32.7% to 13.2% 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: 688051 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688051 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 5.7% each year.