Joyware ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Joyware ElectronicsLtd has a total shareholder equity of CN¥668.5M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥953.9M and CN¥285.4M respectively.
Key information
3.0%
Debt to equity ratio
CN¥20.03m
Debt
Interest coverage ratio | n/a |
Cash | CN¥114.32m |
Equity | CN¥668.48m |
Total liabilities | CN¥285.38m |
Total assets | CN¥953.86m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300270's short term assets (CN¥624.1M) exceed its short term liabilities (CN¥283.3M).
Long Term Liabilities: 300270's short term assets (CN¥624.1M) exceed its long term liabilities (CN¥2.1M).
Debt to Equity History and Analysis
Debt Level: 300270 has more cash than its total debt.
Reducing Debt: 300270's debt to equity ratio has reduced from 16% to 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: 300270 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300270 has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 45% each year.