Strait Innovation Internet Balance Sheet Health
Financial Health criteria checks 3/6
Strait Innovation Internet has a total shareholder equity of CN¥140.4M and total debt of CN¥484.5M, which brings its debt-to-equity ratio to 345%. Its total assets and total liabilities are CN¥1.1B and CN¥996.1M respectively.
Key information
345.0%
Debt to equity ratio
CN¥484.47m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥34.64m |
| Equity | CN¥140.42m |
| Total liabilities | CN¥996.12m |
| Total assets | CN¥1.14b |
Recent financial health updates
No updates
Recent updates
Strait Innovation Internet Co., Ltd's (SZSE:300300) Shares Climb 60% But Its Business Is Yet to Catch Up
Nov 13
Strait Innovation Internet Co., Ltd's (SZSE:300300) 27% Price Boost Is Out Of Tune With Revenues
Sep 26Subdued Growth No Barrier To Strait Innovation Internet Co., Ltd (SZSE:300300) With Shares Advancing 26%
Jul 30Strait Innovation Internet Co., Ltd's (SZSE:300300) Popularity With Investors Under Threat As Stock Sinks 41%
May 31Strait Innovation Internet Co., Ltd. (SZSE:300300) May Have Run Too Fast Too Soon With Recent 30% Price Plummet
Apr 16Strait Innovation Internet Co., Ltd.'s (SZSE:300300) Popularity With Investors Is Under Threat From Overpricing
Feb 26Financial Position Analysis
Short Term Liabilities: 300300's short term assets (CN¥364.4M) do not cover its short term liabilities (CN¥912.4M).
Long Term Liabilities: 300300's short term assets (CN¥364.4M) exceed its long term liabilities (CN¥83.8M).
Debt to Equity History and Analysis
Debt Level: 300300's net debt to equity ratio (320.4%) is considered high.
Reducing Debt: 300300's debt to equity ratio has increased from 19.9% to 345% 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 300300 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300300 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.3% per year.