Hi-Target Navigation TechLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hi-Target Navigation TechLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥499.7M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥3.1B and CN¥1.5B respectively.
Key information
31.3%
Debt to equity ratio
CN¥499.72m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥403.59m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥1.50b |
| Total assets | CN¥3.10b |
Recent financial health updates
Recent updates
There's Reason For Concern Over Hi-Target Navigation Tech Co.,Ltd's (SZSE:300177) Massive 28% Price Jump
Nov 11
Hi-Target Navigation Tech Co.,Ltd's (SZSE:300177) 45% Share Price Surge Not Quite Adding Up
Sep 27Hi-Target Navigation Tech Co.,Ltd's (SZSE:300177) 28% Share Price Surge Not Quite Adding Up
Aug 05Hi-Target Navigation TechLtd (SZSE:300177) Is Carrying A Fair Bit Of Debt
Jul 13What Hi-Target Navigation Tech Co.,Ltd's (SZSE:300177) 27% Share Price Gain Is Not Telling You
May 02Hi-Target Navigation Tech Co.,Ltd (SZSE:300177) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Mar 11Financial Position Analysis
Short Term Liabilities: 300177's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 300177's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥89.1M).
Debt to Equity History and Analysis
Debt Level: 300177's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 300177's debt to equity ratio has increased from 15.8% to 31.3% 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 300177 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300177 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.2% per year.