Shanghai Voicecomm Information Technology Balance Sheet Health
Financial Health criteria checks 1/6
Shanghai Voicecomm Information Technology has a total shareholder equity of CN¥7.6M and total debt of CN¥352.0M, which brings its debt-to-equity ratio to 4648.7%. Its total assets and total liabilities are CN¥1.4B and CN¥1.4B respectively. Shanghai Voicecomm Information Technology's EBIT is CN¥129.6M making its interest coverage ratio 11.1. It has cash and short-term investments of CN¥49.1M.
Key information
4,648.7%
Debt to equity ratio
CN¥352.00m
Debt
| Interest coverage ratio | 11.1x |
| Cash | CN¥49.11m |
| Equity | CN¥7.57m |
| Total liabilities | CN¥1.37b |
| Total assets | CN¥1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2495's short term assets (CN¥891.1M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 2495's short term assets (CN¥891.1M) exceed its long term liabilities (CN¥25.6M).
Debt to Equity History and Analysis
Debt Level: 2495's net debt to equity ratio (4000.1%) is considered high.
Reducing Debt: Insufficient data to determine if 2495'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: 2495 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2495 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29% each year