Recon Technology Balance Sheet Health
Financial Health criteria checks 6/6
Recon Technology has a total shareholder equity of CN¥415.4M and total debt of CN¥32.4M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥483.3M and CN¥67.9M respectively.
Key information
7.8%
Debt to equity ratio
CN¥32.36m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥255.80m |
| Equity | CN¥415.37m |
| Total liabilities | CN¥67.89m |
| Total assets | CN¥483.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRC's short term assets (CN¥425.1M) exceed its short term liabilities (CN¥66.9M).
Long Term Liabilities: HRC's short term assets (CN¥425.1M) exceed its long term liabilities (CN¥1.0M).
Debt to Equity History and Analysis
Debt Level: HRC has more cash than its total debt.
Reducing Debt: HRC's debt to equity ratio has reduced from 14.2% to 7.8% 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: HRC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: HRC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 7.1% each year