CBAK Energy Technology Balance Sheet Health
Financial Health criteria checks 5/6
CBAK Energy Technology has a total shareholder equity of $113.5M and total debt of $32.9M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are $281.2M and $167.7M respectively.
Key information
29.0%
Debt to equity ratio
US$32.93m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.75m |
| Equity | US$113.46m |
| Total liabilities | US$167.70m |
| Total assets | US$281.16m |
Recent financial health updates
Recent updates
CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Shares Leap 25% Yet They're Still Not Telling The Full Story
Mar 15
It's A Story Of Risk Vs Reward With CBAK Energy Technology, Inc. (NASDAQ:CBAT)
Jan 09CBAK Energy gets $28M battery order from a European customer
Sep 22CBAK Energy Technology, Inc.'s (NASDAQ:CBAT) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Aug 17CBAK Energy Technology GAAP EPS of $0.00, revenue of $56.35M
Aug 15CBAK Talks Up Acquisition Of Troubled Supplier, But Investors Unimpressed
Apr 14Sell CBAK Energy Technology, Too Many Red Flags
Dec 27We Think That There Are Issues Underlying CBAK Energy Technology's (NASDAQ:CBAT) Earnings
Nov 23CBAK Energy plans production capacity expansion
Feb 03CBAK Energy soars on report of NIO planning models with lithium ion batteries
Jan 06CBAK Energy Does Not Belong To The Electric Vehicle Revolution
Dec 10CBAK Energy to raise ~$49.2M via registered direct placement
Dec 08CBAK Energy: Disconnected From Reality
Nov 18CBAK Energy Technology, Inc. reports Q3 results
Nov 17Financial Position Analysis
Short Term Liabilities: CBAT's short term assets ($128.4M) do not cover its short term liabilities ($160.5M).
Long Term Liabilities: CBAT's short term assets ($128.4M) exceed its long term liabilities ($7.2M).
Debt to Equity History and Analysis
Debt Level: CBAT's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: CBAT's debt to equity ratio has reduced from 11738.9% to 29% 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: Whilst unprofitable CBAT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CBAT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.3% per year.