Troy Information Technology Balance Sheet Health
Financial Health criteria checks 5/6
Troy Information Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥539.5M, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are CN¥3.3B and CN¥1.8B respectively.
Key information
36.8%
Debt to equity ratio
CN¥539.46m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥206.23m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥1.80b |
| Total assets | CN¥3.26b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Troy Information Technology Co., Ltd. (SZSE:300366)
Dec 24
Optimistic Investors Push Troy Information Technology Co., Ltd. (SZSE:300366) Shares Up 26% But Growth Is Lacking
Sep 28Market Cool On Troy Information Technology Co., Ltd.'s (SZSE:300366) Revenues Pushing Shares 30% Lower
Jun 06Troy Information Technology (SZSE:300366) Is Carrying A Fair Bit Of Debt
May 25Why Investors Shouldn't Be Surprised By Troy Information Technology Co., Ltd.'s (SZSE:300366) 29% Share Price Plunge
Apr 18Troy Information Technology Co., Ltd.'s (SZSE:300366) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 04Financial Position Analysis
Short Term Liabilities: 300366's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 300366's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥24.0M).
Debt to Equity History and Analysis
Debt Level: 300366's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: 300366's debt to equity ratio has increased from 27% to 36.8% 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 300366 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300366 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 04:25 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Troy Information Technology Co., Ltd. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jun Yu | China Merchants Securities Co. Ltd. |
| Chao Yang | Founder Securities Co., Ltd. |
| Jones Ku | Haitong International Research Limited |