CICT Mobile Communication Technology Balance Sheet Health
Financial Health criteria checks 6/6
CICT Mobile Communication Technology has a total shareholder equity of CN¥6.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are CN¥13.7B and CN¥7.2B respectively.
Key information
24.4%
Debt to equity ratio
CN¥1.57b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.58b |
| Equity | CN¥6.46b |
| Total liabilities | CN¥7.21b |
| Total assets | CN¥13.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688387's short term assets (CN¥12.3B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 688387's short term assets (CN¥12.3B) exceed its long term liabilities (CN¥376.3M).
Debt to Equity History and Analysis
Debt Level: 688387 has more cash than its total debt.
Reducing Debt: 688387 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 688387 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 688387 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 5.1% each year