Rockontrol Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Rockontrol Technology Group has a total shareholder equity of CN¥816.8M and total debt of CN¥140.8M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are CN¥1.2B and CN¥375.1M respectively.
Key information
17.2%
Debt to equity ratio
CN¥140.82m
Debt
Interest coverage ratio | n/a |
Cash | CN¥162.05m |
Equity | CN¥816.81m |
Total liabilities | CN¥375.12m |
Total assets | CN¥1.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688051's short term assets (CN¥704.4M) exceed its short term liabilities (CN¥346.3M).
Long Term Liabilities: 688051's short term assets (CN¥704.4M) exceed its long term liabilities (CN¥28.8M).
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 71.5% to 17.2% 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 a year based on its current free cash flow.
Forecast Cash Runway: 688051 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.8% each year