Shenzhen Infinova Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Infinova has a total shareholder equity of CN¥347.1M and total debt of CN¥843.7M, which brings its debt-to-equity ratio to 243%. Its total assets and total liabilities are CN¥2.8B and CN¥2.5B respectively.
Key information
243.0%
Debt to equity ratio
CN¥843.65m
Debt
Interest coverage ratio | n/a |
Cash | CN¥268.52m |
Equity | CN¥347.12m |
Total liabilities | CN¥2.46b |
Total assets | CN¥2.81b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002528's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002528's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥486.5M).
Debt to Equity History and Analysis
Debt Level: 002528's net debt to equity ratio (165.7%) is considered high.
Reducing Debt: 002528's debt to equity ratio has increased from 23.2% to 243% 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 002528 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 002528 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.5% per year.