Shenzhen Kexin Communication TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Kexin Communication TechnologiesLtd has a total shareholder equity of CN¥296.5M and total debt of CN¥829.7M, which brings its debt-to-equity ratio to 279.8%. Its total assets and total liabilities are CN¥1.5B and CN¥1.2B respectively.
Key information
279.8%
Debt to equity ratio
CN¥829.73m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥104.73m |
| Equity | CN¥296.54m |
| Total liabilities | CN¥1.17b |
| Total assets | CN¥1.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300565's short term assets (CN¥406.7M) do not cover its short term liabilities (CN¥785.8M).
Long Term Liabilities: 300565's short term assets (CN¥406.7M) exceed its long term liabilities (CN¥385.3M).
Debt to Equity History and Analysis
Debt Level: 300565's net debt to equity ratio (244.5%) is considered high.
Reducing Debt: 300565's debt to equity ratio has increased from 2% to 279.8% 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: 300565 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 300565 is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.