Cubic Digital TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Cubic Digital TechnologyLtd has a total shareholder equity of CN¥363.8M and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥489.9M and CN¥126.1M respectively.
Key information
8.3%
Debt to equity ratio
CN¥30.03m
Debt
Interest coverage ratio | n/a |
Cash | CN¥24.41m |
Equity | CN¥363.81m |
Total liabilities | CN¥126.09m |
Total assets | CN¥489.90m |
Financial Position Analysis
Short Term Liabilities: 300344's short term assets (CN¥337.4M) exceed its short term liabilities (CN¥119.0M).
Long Term Liabilities: 300344's short term assets (CN¥337.4M) exceed its long term liabilities (CN¥7.1M).
Debt to Equity History and Analysis
Debt Level: 300344's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: 300344's debt to equity ratio has reduced from 25.8% to 8.3% 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 300344 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 300344 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 38.5% per year.