Beijing Tongtech Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Tongtech has a total shareholder equity of CN¥3.5B and total debt of CN¥195.7M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥4.0B and CN¥494.2M respectively.
Key information
5.6%
Debt to equity ratio
CN¥195.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.74b |
| Equity | CN¥3.50b |
| Total liabilities | CN¥494.25m |
| Total assets | CN¥3.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300379's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥444.7M).
Long Term Liabilities: 300379's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥49.5M).
Debt to Equity History and Analysis
Debt Level: 300379 has more cash than its total debt.
Reducing Debt: 300379's debt to equity ratio has reduced from 9.5% to 5.6% 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: 300379 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300379 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 46% each year