Bright Oceans Inter-Telecom Balance Sheet Health
Financial Health criteria checks 6/6
Bright Oceans Inter-Telecom has a total shareholder equity of CN¥717.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥660.2M respectively. Bright Oceans Inter-Telecom's EBIT is CN¥647.4M making its interest coverage ratio -11.5. It has cash and short-term investments of CN¥882.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11.5x |
| Cash | CN¥881.96m |
| Equity | CN¥717.67m |
| Total liabilities | CN¥660.18m |
| Total assets | CN¥1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600289's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥270.5M).
Long Term Liabilities: 600289's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥389.7M).
Debt to Equity History and Analysis
Debt Level: 600289 is debt free.
Reducing Debt: 600289 had no debt 5 years ago.
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 600289 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600289 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.3% per year.