Sunsea AIoT Technology Balance Sheet Health
Financial Health criteria checks 1/6
Sunsea AIoT Technology has a total shareholder equity of CN¥117.8M and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 1331.1%. Its total assets and total liabilities are CN¥3.6B and CN¥3.5B respectively.
Key information
1,331.1%
Debt to equity ratio
CN¥1.57b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥266.19m |
| Equity | CN¥117.75m |
| Total liabilities | CN¥3.50b |
| Total assets | CN¥3.61b |
Recent financial health updates
No updates
Recent updates
There Is A Reason Sunsea AIoT Technology Co., Ltd.'s (SZSE:002313) Price Is Undemanding
Sep 20
Little Excitement Around Sunsea AIoT Technology Co., Ltd.'s (SZSE:002313) Revenues As Shares Take 29% Pounding
Jun 06Little Excitement Around Sunsea AIoT Technology Co., Ltd.'s (SZSE:002313) Revenues As Shares Take 32% Pounding
Apr 16Benign Growth For Sunsea AIoT Technology Co., Ltd. (SZSE:002313) Underpins Its Share Price
Feb 29Financial Position Analysis
Short Term Liabilities: 002313's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002313's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥193.0M).
Debt to Equity History and Analysis
Debt Level: 002313's net debt to equity ratio (1105%) is considered high.
Reducing Debt: 002313's debt to equity ratio has increased from 85.8% to 1331.1% 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: 002313 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002313 has less than a year of cash runway if free cash flow continues to grow at historical rates of 43.2% each year.