Lianlian DigiTech Balance Sheet Health
Financial Health criteria checks 5/6
Lianlian DigiTech has a total shareholder equity of CN¥593.6M and total debt of CN¥437.5M, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are CN¥10.5B and CN¥9.9B respectively.
Key information
73.7%
Debt to equity ratio
CN¥437.55m
Debt
Interest coverage ratio | n/a |
Cash | CN¥382.16m |
Equity | CN¥593.64m |
Total liabilities | CN¥9.87b |
Total assets | CN¥10.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2598's short term assets (CN¥9.7B) exceed its short term liabilities (CN¥9.7B).
Long Term Liabilities: 2598's short term assets (CN¥9.7B) exceed its long term liabilities (CN¥165.1M).
Debt to Equity History and Analysis
Debt Level: 2598's net debt to equity ratio (9.3%) is considered satisfactory.
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: Whilst unprofitable 2598 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 2598 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.4% per year.