Shenzhen Longsys Electronics Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Longsys Electronics has a total shareholder equity of CN¥6.9B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are CN¥16.1B and CN¥9.2B respectively.
Key information
83.5%
Debt to equity ratio
CN¥5.77b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥900.25m |
| Equity | CN¥6.91b |
| Total liabilities | CN¥9.19b |
| Total assets | CN¥16.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301308's short term assets (CN¥11.4B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 301308's short term assets (CN¥11.4B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 301308's net debt to equity ratio (70.4%) is considered high.
Reducing Debt: 301308's debt to equity ratio has increased from 13.8% to 83.5% 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: 301308 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 301308 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.