Cryofocus Medtech (Shanghai) Co., Ltd.

SEHK:6922 Stock Report

Market Cap: HK$1.7b

Cryofocus Medtech (Shanghai) Balance Sheet Health

Financial Health criteria checks 3/6

Cryofocus Medtech (Shanghai) has a total shareholder equity of CN¥126.0M and total debt of CN¥20.0M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are CN¥184.6M and CN¥58.6M respectively.

Key information

15.9%

Debt to equity ratio

CN¥20.00m

Debt

Interest coverage ration/a
CashCN¥69.56m
EquityCN¥126.03m
Total liabilitiesCN¥58.62m
Total assetsCN¥184.65m

Recent financial health updates

Recent updates

Is Cryofocus Medtech (Shanghai) (HKG:6922) Using Too Much Debt?

Sep 02
Is Cryofocus Medtech (Shanghai) (HKG:6922) Using Too Much Debt?

We're Not Very Worried About Cryofocus Medtech (Shanghai)'s (HKG:6922) Cash Burn Rate

Jan 10
We're Not Very Worried About Cryofocus Medtech (Shanghai)'s (HKG:6922) Cash Burn Rate

Cryofocus Medtech (Shanghai) (HKG:6922) Is In A Good Position To Deliver On Growth Plans

Oct 03
Cryofocus Medtech (Shanghai) (HKG:6922) Is In A Good Position To Deliver On Growth Plans

Companies Like Cryofocus Medtech (Shanghai) (HKG:6922) Are In A Position To Invest In Growth

May 30
Companies Like Cryofocus Medtech (Shanghai) (HKG:6922) Are In A Position To Invest In Growth

Financial Position Analysis

Short Term Liabilities: 6922's short term assets (CN¥116.7M) exceed its short term liabilities (CN¥46.1M).

Long Term Liabilities: 6922's short term assets (CN¥116.7M) exceed its long term liabilities (CN¥12.5M).


Debt to Equity History and Analysis

Debt Level: 6922 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 6922'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: 6922 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 6922 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.8% each year


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