Phenix Optical Balance Sheet Health
Financial Health criteria checks 4/6
Phenix Optical has a total shareholder equity of CN¥504.8M and total debt of CN¥667.5M, which brings its debt-to-equity ratio to 132.2%. Its total assets and total liabilities are CN¥1.7B and CN¥1.2B respectively.
Key information
132.2%
Debt to equity ratio
CN¥667.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥192.67m |
| Equity | CN¥504.85m |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥1.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600071's short term assets (CN¥955.1M) exceed its short term liabilities (CN¥932.1M).
Long Term Liabilities: 600071's short term assets (CN¥955.1M) exceed its long term liabilities (CN¥304.0M).
Debt to Equity History and Analysis
Debt Level: 600071's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: 600071's debt to equity ratio has increased from 0% to 132.2% 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 600071 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600071 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.1% per year.