Montnets Cloud Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Montnets Cloud Technology Group has a total shareholder equity of CN¥1.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are CN¥3.8B and CN¥2.1B respectively.
Key information
77.5%
Debt to equity ratio
CN¥1.27b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥908.53m |
| Equity | CN¥1.64b |
| Total liabilities | CN¥2.14b |
| Total assets | CN¥3.78b |
Recent financial health updates
Recent updates
Is Now The Time To Look At Buying Montnets Cloud Technology Group Co., Ltd. (SZSE:002123)?
Mar 21
Montnets Cloud Technology Group Co., Ltd.'s (SZSE:002123) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Mar 04Here's Why Montnets Cloud Technology Group (SZSE:002123) Can Afford Some Debt
Feb 27Financial Position Analysis
Short Term Liabilities: 002123's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002123's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥208.9M).
Debt to Equity History and Analysis
Debt Level: 002123's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: 002123's debt to equity ratio has increased from 16.8% to 77.5% 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: Whilst unprofitable 002123 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002123 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 34% per year.