Comtec Solar Systems Group Balance Sheet Health
Financial Health criteria checks 2/6
Comtec Solar Systems Group has a total shareholder equity of CN¥-146.0M and total debt of CN¥102.0M, which brings its debt-to-equity ratio to -69.9%. Its total assets and total liabilities are CN¥165.6M and CN¥311.6M respectively.
Key information
-69.9%
Debt to equity ratio
CN¥102.03m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥78.40m |
| Equity | -CN¥146.02m |
| Total liabilities | CN¥311.61m |
| Total assets | CN¥165.59m |
Recent financial health updates
No updates
Recent updates
Market Might Still Lack Some Conviction On Comtec Solar Systems Group Limited (HKG:712) Even After 37% Share Price Boost
Nov 17
Investors Still Aren't Entirely Convinced By Comtec Solar Systems Group Limited's (HKG:712) Revenues Despite 38% Price Jump
Oct 02Slammed 42% Comtec Solar Systems Group Limited (HKG:712) Screens Well Here But There Might Be A Catch
Jul 15Calculating The Fair Value Of Comtec Solar Systems Group Limited (HKG:712)
May 03Investors Who Bought Comtec Solar Systems Group (HKG:712) Shares A Year Ago Are Now Up 675%
Jan 26Financial Position Analysis
Short Term Liabilities: 712 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 712 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 712 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 712's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: 712 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 712 has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 35.5% each year.