Lianlian DigiTech Balance Sheet Health
Financial Health criteria checks 4/6
Lianlian DigiTech has a total shareholder equity of CN¥935.0M and total debt of CN¥484.5M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are CN¥11.8B and CN¥10.9B respectively.
Key information
51.8%
Debt to equity ratio
CN¥484.55m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥858.28m |
| Equity | CN¥934.96m |
| Total liabilities | CN¥10.89b |
| Total assets | CN¥11.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2598's short term assets (CN¥11.3B) exceed its short term liabilities (CN¥10.7B).
Long Term Liabilities: 2598's short term assets (CN¥11.3B) exceed its long term liabilities (CN¥169.2M).
Debt to Equity History and Analysis
Debt Level: 2598 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2598'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: 2598 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2598 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.