Troy Information Technology Balance Sheet Health
Financial Health criteria checks 5/6
Troy Information Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥728.4M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are CN¥3.3B and CN¥1.7B respectively.
Key information
44.6%
Debt to equity ratio
CN¥728.35m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥237.19m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥1.69b |
| Total assets | CN¥3.32b |
Recent financial health updates
Recent updates
Market Cool On Troy Information Technology Co., Ltd.'s (SZSE:300366) Revenues Pushing Shares 30% Lower
Jun 06
Troy 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¥2.5B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300366's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥19.8M).
Debt to Equity History and Analysis
Debt Level: 300366's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: 300366's debt to equity ratio has increased from 27.1% to 44.6% 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: 300366 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300366 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 21.9% each year