Zhaoke Ophthalmology Balance Sheet Health
Financial Health criteria checks 6/6
Zhaoke Ophthalmology has a total shareholder equity of CN¥2.0B and total debt of CN¥224.6M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are CN¥2.4B and CN¥351.8M respectively.
Key information
11.0%
Debt to equity ratio
CN¥224.63m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.41b |
| Equity | CN¥2.03b |
| Total liabilities | CN¥351.80m |
| Total assets | CN¥2.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6622's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥318.3M).
Long Term Liabilities: 6622's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥33.5M).
Debt to Equity History and Analysis
Debt Level: 6622 has more cash than its total debt.
Reducing Debt: 6622 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 6622 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 6622 has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 21.9% each year.