Montnets Cloud Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Montnets Cloud Technology Group has a total shareholder equity of CN¥1.6B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are CN¥4.1B and CN¥2.4B respectively.
Key information
89.2%
Debt to equity ratio
CN¥1.47b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.07b |
| Equity | CN¥1.65b |
| Total liabilities | CN¥2.43b |
| Total assets | CN¥4.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002123's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002123's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥206.1M).
Debt to Equity History and Analysis
Debt Level: 002123's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: 002123's debt to equity ratio has increased from 15.6% to 89.2% 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 002123 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002123 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.3% per year.