Genew TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Genew TechnologiesLtd has a total shareholder equity of CN¥897.0M and total debt of CN¥379.4M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are CN¥2.0B and CN¥1.1B respectively. Genew TechnologiesLtd's EBIT is CN¥34.3M making its interest coverage ratio -120. It has cash and short-term investments of CN¥195.0M.
Key information
42.3%
Debt to equity ratio
CN¥379.37m
Debt
| Interest coverage ratio | -120x |
| Cash | CN¥194.96m |
| Equity | CN¥897.04m |
| Total liabilities | CN¥1.10b |
| Total assets | CN¥2.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688418's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 688418's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥53.3M).
Debt to Equity History and Analysis
Debt Level: 688418's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 688418's debt to equity ratio has increased from 26.6% to 42.3% 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: 688418 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688418 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.1% each year