Strait Innovation Internet Balance Sheet Health
Financial Health criteria checks 2/6
Strait Innovation Internet has a total shareholder equity of CN¥161.9M and total debt of CN¥486.4M, which brings its debt-to-equity ratio to 300.5%. Its total assets and total liabilities are CN¥1.2B and CN¥1.0B respectively.
Key information
300.5%
Debt to equity ratio
CN¥486.43m
Debt
Interest coverage ratio | n/a |
Cash | CN¥40.26m |
Equity | CN¥161.90m |
Total liabilities | CN¥1.00b |
Total assets | CN¥1.16b |
Financial Position Analysis
Short Term Liabilities: 300300's short term assets (CN¥363.0M) do not cover its short term liabilities (CN¥898.3M).
Long Term Liabilities: 300300's short term assets (CN¥363.0M) exceed its long term liabilities (CN¥102.7M).
Debt to Equity History and Analysis
Debt Level: 300300's net debt to equity ratio (275.6%) is considered high.
Reducing Debt: 300300's debt to equity ratio has increased from 21.4% to 300.5% 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: 300300 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300300 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.4% each year