Ruihe Data Technology Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Ruihe Data Technology Holdings has a total shareholder equity of CN¥117.3M and total debt of CN¥176.2M, which brings its debt-to-equity ratio to 150.2%. Its total assets and total liabilities are CN¥444.1M and CN¥326.8M respectively.
Key information
150.2%
Debt to equity ratio
CN¥176.19m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥113.26m |
| Equity | CN¥117.31m |
| Total liabilities | CN¥326.84m |
| Total assets | CN¥444.15m |
Financial Position Analysis
Short Term Liabilities: 3680's short term assets (CN¥302.6M) do not cover its short term liabilities (CN¥310.0M).
Long Term Liabilities: 3680's short term assets (CN¥302.6M) exceed its long term liabilities (CN¥16.8M).
Debt to Equity History and Analysis
Debt Level: 3680's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: 3680's debt to equity ratio has increased from 80.5% to 150.2% 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: 3680 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3680 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 12.2% each year.