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
Optimistic Investors Push Troy Information Technology Co., Ltd. (SZSE:300366) Shares Up 26% But Growth Is Lacking
Sep 28
Market 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.