Visionox Technology Balance Sheet Health
Financial Health criteria checks 3/6
Visionox Technology has a total shareholder equity of CN¥12.1B and total debt of CN¥10.7B, which brings its debt-to-equity ratio to 87.9%. Its total assets and total liabilities are CN¥38.0B and CN¥25.8B respectively.
Key information
87.9%
Debt to equity ratio
CN¥10.66b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.09b |
| Equity | CN¥12.13b |
| Total liabilities | CN¥25.84b |
| Total assets | CN¥37.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002387's short term assets (CN¥9.1B) do not cover its short term liabilities (CN¥18.6B).
Long Term Liabilities: 002387's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥7.3B).
Debt to Equity History and Analysis
Debt Level: 002387's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: 002387's debt to equity ratio has increased from 19.1% to 87.9% 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: Whilst unprofitable 002387 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002387 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.2% per year.