iDreamSky Technology Holdings Balance Sheet Health
Financial Health criteria checks 3/6
iDreamSky Technology Holdings has a total shareholder equity of CN¥1.6B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are CN¥3.8B and CN¥2.2B respectively.
Key information
91.3%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥347.76m |
| Equity | CN¥1.64b |
| Total liabilities | CN¥2.15b |
| Total assets | CN¥3.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 08IA's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 08IA's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥377.6M).
Debt to Equity History and Analysis
Debt Level: 08IA's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: 08IA's debt to equity ratio has increased from 27% to 91.3% 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: 08IA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 08IA has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 30.3% each year