Antelope Enterprise Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Antelope Enterprise Holdings has a total shareholder equity of CN¥118.5M and total debt of CN¥9.4M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥131.8M and CN¥13.3M respectively.
Key information
7.9%
Debt to equity ratio
CN¥9.40m
Debt
Interest coverage ratio | n/a |
Cash | CN¥10.79m |
Equity | CN¥118.48m |
Total liabilities | CN¥13.32m |
Total assets | CN¥131.80m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C9E2's short term assets (CN¥71.7M) exceed its short term liabilities (CN¥13.3M).
Long Term Liabilities: C9E2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: C9E2 has more cash than its total debt.
Reducing Debt: C9E2's debt to equity ratio has increased from 5.9% to 7.9% 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: C9E2 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: C9E2 is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.