Shenzhen Deren Electronic Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Deren Electronic has a total shareholder equity of CN¥2.3B and total debt of CN¥566.7M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CN¥7.6B and CN¥5.3B respectively.
Key information
25.0%
Debt to equity ratio
CN¥566.68m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥209.38m |
| Equity | CN¥2.27b |
| Total liabilities | CN¥5.29b |
| Total assets | CN¥7.56b |
Recent financial health updates
Recent updates
There's No Escaping Shenzhen Deren Electronic Co., Ltd.'s (SZSE:002055) Muted Revenues
Oct 07
Does Shenzhen Deren Electronic (SZSE:002055) Have A Healthy Balance Sheet?
Jun 05Revenues Working Against Shenzhen Deren Electronic Co., Ltd.'s (SZSE:002055) Share Price Following 33% Dive
Apr 23Shenzhen Deren Electronic Co., Ltd.'s (SZSE:002055) Price Is Right But Growth Is Lacking After Shares Rocket 38%
Mar 08Financial Position Analysis
Short Term Liabilities: 002055's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002055's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 002055's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 002055's debt to equity ratio has reduced from 85.4% to 25% 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: 002055 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002055 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1% each year.