Many Idea Cloud Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Many Idea Cloud Holdings has a total shareholder equity of CN¥639.7M and total debt of CN¥65.7M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are CN¥918.7M and CN¥279.0M respectively. Many Idea Cloud Holdings's EBIT is CN¥15.7M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥16.9M.
Key information
10.3%
Debt to equity ratio
CN¥65.72m
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥16.87m |
| Equity | CN¥639.67m |
| Total liabilities | CN¥279.02m |
| Total assets | CN¥918.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6696's short term assets (CN¥719.1M) exceed its short term liabilities (CN¥276.5M).
Long Term Liabilities: 6696's short term assets (CN¥719.1M) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 6696's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6696's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6696's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6696's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:24 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Many Idea Cloud Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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