iDreamSky Technology Holdings Balance Sheet Health
Financial Health criteria checks 4/6
iDreamSky Technology Holdings has a total shareholder equity of CN¥1.7B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are CN¥3.7B and CN¥2.0B respectively.
Key information
69.1%
Debt to equity ratio
CN¥1.20b
Debt
Interest coverage ratio | n/a |
Cash | CN¥263.57m |
Equity | CN¥1.74b |
Total liabilities | CN¥1.96b |
Total assets | CN¥3.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1119's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 1119's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥370.4M).
Debt to Equity History and Analysis
Debt Level: 1119's net debt to equity ratio (53.9%) is considered high.
Reducing Debt: 1119's debt to equity ratio has increased from 35.7% to 69.1% 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 1119 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1119 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.3% per year.