Great Chinasoft TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Great Chinasoft TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥253.1M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are CN¥2.0B and CN¥748.2M respectively.
Key information
19.5%
Debt to equity ratio
CN¥253.11m
Debt
Interest coverage ratio | n/a |
Cash | CN¥338.13m |
Equity | CN¥1.30b |
Total liabilities | CN¥748.17m |
Total assets | CN¥2.04b |
Financial Position Analysis
Short Term Liabilities: 002453's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥723.5M).
Long Term Liabilities: 002453's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥24.6M).
Debt to Equity History and Analysis
Debt Level: 002453 has more cash than its total debt.
Reducing Debt: 002453's debt to equity ratio has reduced from 110.8% to 19.5% 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: 002453 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 002453 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 45.4% each year.