Sunsea AIoT Technology Balance Sheet Health
Financial Health criteria checks 2/6
Sunsea AIoT Technology has a total shareholder equity of CN¥184.6M and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 861.8%. Its total assets and total liabilities are CN¥3.6B and CN¥3.5B respectively.
Key information
861.8%
Debt to equity ratio
CN¥1.59b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥286.45m |
| Equity | CN¥184.57m |
| Total liabilities | CN¥3.46b |
| Total assets | CN¥3.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002313's short term assets (CN¥2.4B) do not cover its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002313's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥210.2M).
Debt to Equity History and Analysis
Debt Level: 002313's net debt to equity ratio (706.6%) is considered high.
Reducing Debt: 002313's debt to equity ratio has increased from 84.7% to 861.8% 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 sufficient cash runway for more than a year 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 47.8% each year.