China Netcom Technology Holdings Balance Sheet Health
Financial Health criteria checks 6/6
China Netcom Technology Holdings has a total shareholder equity of HK$17.1M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$32.8M and HK$15.7M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | n/a |
Cash | HK$20.26m |
Equity | HK$17.12m |
Total liabilities | HK$15.66m |
Total assets | HK$32.78m |
Financial Position Analysis
Short Term Liabilities: 8071's short term assets (HK$31.5M) exceed its short term liabilities (HK$15.3M).
Long Term Liabilities: 8071's short term assets (HK$31.5M) exceed its long term liabilities (HK$398.0K).
Debt to Equity History and Analysis
Debt Level: 8071 is debt free.
Reducing Debt: 8071 has no debt compared to 5 years ago when its debt to equity ratio was 22.3%.
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: 8071 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8071 has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 2.6% each year.