Autostreets Development Balance Sheet Health
Financial Health criteria checks 5/6
Autostreets Development has a total shareholder equity of CN¥899.4M and total debt of CN¥79.7M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are CN¥1.2B and CN¥278.5M respectively. Autostreets Development's EBIT is CN¥67.5M making its interest coverage ratio -15.5. It has cash and short-term investments of CN¥968.0M.
Key information
8.9%
Debt to equity ratio
CN¥79.70m
Debt
| Interest coverage ratio | -15.5x |
| Cash | CN¥968.00m |
| Equity | CN¥899.40m |
| Total liabilities | CN¥278.47m |
| Total assets | CN¥1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2443's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥231.9M).
Long Term Liabilities: 2443's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥46.5M).
Debt to Equity History and Analysis
Debt Level: 2443 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2443's debt to equity ratio has reduced 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 2443 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2443 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 25.5% per year.