Cenntro Balance Sheet Health
Financial Health criteria checks 3/6
Cenntro has a total shareholder equity of $96.9M and total debt of $11.2M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are $159.8M and $63.0M respectively.
Key information
11.6%
Debt to equity ratio
US$11.20m
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.83m |
| Equity | US$96.86m |
| Total liabilities | US$62.98m |
| Total assets | US$159.84m |
Recent financial health updates
No updates
Recent updates
Take Care Before Jumping Onto Cenntro Inc. (NASDAQ:CENN) Even Though It's 26% Cheaper
Aug 15
Cenntro Inc.'s (NASDAQ:CENN) 27% Jump Shows Its Popularity With Investors
Jun 04Further Upside For Cenntro Inc. (NASDAQ:CENN) Shares Could Introduce Price Risks After 25% Bounce
Mar 02Even With A 25% Surge, Cautious Investors Are Not Rewarding Cenntro Inc.'s (NASDAQ:CENN) Performance Completely
Mar 02Financial Position Analysis
Short Term Liabilities: CENN's short term assets ($84.8M) exceed its short term liabilities ($31.4M).
Long Term Liabilities: CENN's short term assets ($84.8M) exceed its long term liabilities ($31.5M).
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 31.1% each year