Leascend Technology Balance Sheet Health
Financial Health criteria checks 1/6
Leascend Technology has a total shareholder equity of CN¥996.7M and total debt of CN¥607.2M, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are CN¥3.2B and CN¥2.2B respectively.
Key information
60.9%
Debt to equity ratio
CN¥607.18m
Debt
Interest coverage ratio | n/a |
Cash | CN¥94.43m |
Equity | CN¥996.67m |
Total liabilities | CN¥2.18b |
Total assets | CN¥3.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300051's short term assets (CN¥418.6M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300051's short term assets (CN¥418.6M) do not cover its long term liabilities (CN¥988.4M).
Debt to Equity History and Analysis
Debt Level: 300051's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: 300051's debt to equity ratio has reduced from 71% to 60.9% 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: 300051 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 300051 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 77.8% each year