Shenzhen Kexin Communication TechnologiesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Kexin Communication TechnologiesLtd has a total shareholder equity of CN¥761.9M and total debt of CN¥814.6M, which brings its debt-to-equity ratio to 106.9%. Its total assets and total liabilities are CN¥1.9B and CN¥1.1B respectively.
Key information
106.9%
Debt to equity ratio
CN¥814.58m
Debt
Interest coverage ratio | n/a |
Cash | CN¥188.65m |
Equity | CN¥761.90m |
Total liabilities | CN¥1.10b |
Total assets | CN¥1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300565's short term assets (CN¥808.2M) exceed its short term liabilities (CN¥726.9M).
Long Term Liabilities: 300565's short term assets (CN¥808.2M) exceed its long term liabilities (CN¥371.1M).
Debt to Equity History and Analysis
Debt Level: 300565's net debt to equity ratio (82.2%) is considered high.
Reducing Debt: 300565's debt to equity ratio has increased from 2% to 106.9% 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 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 18.7% each year.