Tatwah SmartechLtd Balance Sheet Health
Financial Health criteria checks 2/6
Tatwah SmartechLtd has a total shareholder equity of CN¥492.4M and total debt of CN¥339.4M, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are CN¥2.7B and CN¥2.2B respectively.
Key information
68.9%
Debt to equity ratio
CN¥339.37m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥60.43m |
| Equity | CN¥492.43m |
| Total liabilities | CN¥2.19b |
| Total assets | CN¥2.68b |
Recent financial health updates
We Think Tatwah SmartechLtd (SZSE:002512) Has A Fair Chunk Of Debt
Oct 07
Does Tatwah SmartechLtd (SZSE:002512) Have A Healthy Balance Sheet?
Jun 07Would Tatwah SmartechLtd (SZSE:002512) Be Better Off With Less Debt?
Mar 06Recent updates
Tatwah Smartech Co.,Ltd. (SZSE:002512) Surges 42% Yet Its Low P/S Is No Reason For Excitement
Oct 08We Think Tatwah SmartechLtd (SZSE:002512) Has A Fair Chunk Of Debt
Oct 07Benign Growth For Tatwah Smartech Co.,Ltd. (SZSE:002512) Underpins Its Share Price
Aug 02Does Tatwah SmartechLtd (SZSE:002512) Have A Healthy Balance Sheet?
Jun 07Tatwah Smartech Co.,Ltd.'s (SZSE:002512) Shares Bounce 25% But Its Business Still Trails The Industry
Mar 11Would Tatwah SmartechLtd (SZSE:002512) Be Better Off With Less Debt?
Mar 06Financial Position Analysis
Short Term Liabilities: 002512's short term assets (CN¥697.6M) do not cover its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002512's short term assets (CN¥697.6M) exceed its long term liabilities (CN¥470.9M).
Debt to Equity History and Analysis
Debt Level: 002512's net debt to equity ratio (56.6%) is considered high.
Reducing Debt: 002512's debt to equity ratio has reduced from 104.8% to 68.9% 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: 002512 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 002512 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38% each year