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¥670.8M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are CN¥3.3B and CN¥1.8B respectively.
Key information
42.5%
Debt to equity ratio
CN¥670.75m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥305.04m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥1.76b |
| Total assets | CN¥3.33b |
Recent financial health updates
No updates
Recent updates
Financial 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¥22.3M).
Debt to Equity History and Analysis
Debt Level: 300366's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: 300366's debt to equity ratio has increased from 27.4% to 42.5% 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 14.2% per year.