Changyou Alliance Group Balance Sheet Health
Financial Health criteria checks 2/6
Changyou Alliance Group has a total shareholder equity of CN¥-149.8M and total debt of CN¥155.8M, which brings its debt-to-equity ratio to -104%. Its total assets and total liabilities are CN¥132.8M and CN¥282.6M respectively.
Key information
-104.0%
Debt to equity ratio
CN¥155.76m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥13.21m |
| Equity | -CN¥149.80m |
| Total liabilities | CN¥282.65m |
| Total assets | CN¥132.85m |
Recent financial health updates
We Think Changyou Alliance Group (HKG:1039) Has A Fair Chunk Of Debt
Oct 24
We Think Changyou Alliance Group (HKG:1039) Has A Fair Chunk Of Debt
May 22Recent updates
The Market Doesn't Like What It Sees From Changyou Alliance Group Limited's (HKG:1039) Revenues Yet As Shares Tumble 27%
Oct 23Why Investors Shouldn't Be Surprised By Changyou Alliance Group Limited's (HKG:1039) 27% Share Price Plunge
Aug 26Changyou Alliance Group Limited's (HKG:1039) Shares Lagging The Industry But So Is The Business
May 09The Market Doesn't Like What It Sees From Changyou Alliance Group Limited's (HKG:1039) Revenues Yet As Shares Tumble 30%
Jan 25Benign Growth For Changyou Alliance Group Limited (HKG:1039) Underpins Its Share Price
Aug 15We Think Changyou Alliance Group (HKG:1039) Has A Fair Chunk Of Debt
Oct 24We Think Changyou Alliance Group (HKG:1039) Has A Fair Chunk Of Debt
May 22Changyou Alliance Group's (HKG:1039) Stock Price Has Reduced 68% In The Past Three Years
Jan 26Do Insiders Own Lots Of Shares In Changyou Alliance Group Limited (HKG:1039)?
Dec 03Financial Position Analysis
Short Term Liabilities: 1039 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 1039 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1039 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 1039's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: 1039 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1039 has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 43.6% each year.