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¥6.4B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are CN¥16.1B and CN¥9.2B respectively.
Key information
92.0%
Debt to equity ratio
CN¥6.36b
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
Recent updates
Would Shenzhen Longsys Electronics (SZSE:301308) Be Better Off With Less Debt?
Jun 26Party Time: Brokers Just Made Major Increases To Their Shenzhen Longsys Electronics Co., Ltd. (SZSE:301308) Earnings Forecasts
Apr 28Shenzhen Longsys Electronics Co., Ltd.'s (SZSE:301308) P/S Is Still On The Mark Following 28% Share Price Bounce
Mar 02Financial 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 (79%) is considered high.
Reducing Debt: 301308's debt to equity ratio has increased from 13.8% to 92% 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.