Futong Technology Development Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Futong Technology Development Holdings has a total shareholder equity of CN¥289.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥354.6M and CN¥65.5M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥217.63m |
| Equity | CN¥289.08m |
| Total liabilities | CN¥65.50m |
| Total assets | CN¥354.58m |
Recent financial health updates
No updates
Recent updates
Futong Technology Development Holdings Limited (HKG:465) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
Sep 19
Futong Technology Development Holdings Limited's (HKG:465) 27% Share Price Surge Not Quite Adding Up
Jun 17Revenues Not Telling The Story For Futong Technology Development Holdings Limited (HKG:465)
Apr 23Futong Technology Development Holdings Limited's (HKG:465) Popularity With Investors Is Under Threat From Overpricing
Jan 03If You Like EPS Growth Then Check Out Futong Technology Development Holdings (HKG:465) Before It's Too Late
May 21There's Reason For Concern Over Futong Technology Development Holdings Limited's (HKG:465) Price
Mar 30Have Insiders Been Buying Futong Technology Development Holdings Limited (HKG:465) Shares This Year?
Feb 18Financial Position Analysis
Short Term Liabilities: 465's short term assets (CN¥292.7M) exceed its short term liabilities (CN¥64.5M).
Long Term Liabilities: 465's short term assets (CN¥292.7M) exceed its long term liabilities (CN¥1.0M).
Debt to Equity History and Analysis
Debt Level: 465 is debt free.
Reducing Debt: 465 has no debt compared to 5 years ago when its debt to equity ratio was 1.9%.
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: 465 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 465 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 57.6% each year.