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¥537.9M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are CN¥3.1B and CN¥1.5B respectively.
Key information
33.9%
Debt to equity ratio
CN¥537.88m
Debt
Interest coverage ratio | n/a |
Cash | CN¥419.26m |
Equity | CN¥1.59b |
Total liabilities | CN¥1.52b |
Total assets | CN¥3.10b |
Financial Position Analysis
Short Term Liabilities: 300177's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300177's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥57.8M).
Debt to Equity History and Analysis
Debt Level: 300177's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: 300177's debt to equity ratio has increased from 10.7% to 33.9% 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: 300177 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300177 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 12.8% each year