Recon Technology Balance Sheet Health
Financial Health criteria checks 6/6
Recon Technology has a total shareholder equity of CN¥490.9M and total debt of CN¥32.4M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥552.4M and CN¥61.5M respectively.
Key information
6.6%
Debt to equity ratio
CN¥32.43m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥198.08m |
| Equity | CN¥490.93m |
| Total liabilities | CN¥61.46m |
| Total assets | CN¥552.39m |
Financial Position Analysis
Short Term Liabilities: RCON's short term assets (CN¥506.5M) exceed its short term liabilities (CN¥47.5M).
Long Term Liabilities: RCON's short term assets (CN¥506.5M) exceed its long term liabilities (CN¥14.0M).
Debt to Equity History and Analysis
Debt Level: RCON has more cash than its total debt.
Reducing Debt: RCON's debt to equity ratio has reduced from 20.2% to 6.6% 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: RCON has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RCON has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.4% each year