Visionox Technology Balance Sheet Health
Financial Health criteria checks 3/6
Visionox Technology has a total shareholder equity of CN¥8.5B and total debt of CN¥16.5B, which brings its debt-to-equity ratio to 193.9%. Its total assets and total liabilities are CN¥38.3B and CN¥29.8B respectively.
Key information
193.9%
Debt to equity ratio
CN¥16.46b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥6.79b |
| Equity | CN¥8.49b |
| Total liabilities | CN¥29.83b |
| Total assets | CN¥38.32b |
Recent financial health updates
Recent updates
Visionox Technology Inc. (SZSE:002387) Shares Fly 40% But Investors Aren't Buying For Growth
Oct 25
Is Visionox Technology (SZSE:002387) Weighed On By Its Debt Load?
Aug 01Visionox Technology Inc.'s (SZSE:002387) Business And Shares Still Trailing The Industry
Jun 26Visionox Technology Inc. (SZSE:002387) Shares Fly 25% But Investors Aren't Buying For Growth
Mar 04Financial Position Analysis
Short Term Liabilities: 002387's short term assets (CN¥10.7B) do not cover its short term liabilities (CN¥20.3B).
Long Term Liabilities: 002387's short term assets (CN¥10.7B) exceed its long term liabilities (CN¥9.5B).
Debt to Equity History and Analysis
Debt Level: 002387's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: 002387's debt to equity ratio has increased from 29.8% to 193.9% 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 69.2% per year.