Cenntro Balance Sheet Health
Financial Health criteria checks 3/6
Cenntro has a total shareholder equity of $121.9M and total debt of $10.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are $185.5M and $63.7M respectively.
Key information
8.2%
Debt to equity ratio
US$9.96m
Debt
Interest coverage ratio | n/a |
Cash | US$33.60m |
Equity | US$121.87m |
Total liabilities | US$63.67m |
Total assets | US$185.54m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CENN's short term assets ($104.9M) exceed its short term liabilities ($29.3M).
Long Term Liabilities: CENN's short term assets ($104.9M) exceed its long term liabilities ($34.4M).
Debt to Equity History and Analysis
Debt Level: CENN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CENN'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: CENN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CENN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56.8% each year