Recon Technology Balance Sheet Health
Financial Health criteria checks 4/6
Recon Technology has a total shareholder equity of CN¥439.2M and total debt of CN¥32.5M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are CN¥531.8M and CN¥92.7M respectively.
Key information
7.4%
Debt to equity ratio
CN¥32.47m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥288.31m |
| Equity | CN¥439.15m |
| Total liabilities | CN¥92.67m |
| Total assets | CN¥531.82m |
Financial Position Analysis
Short Term Liabilities: RCON's short term assets (CN¥504.4M) exceed its short term liabilities (CN¥61.0M).
Long Term Liabilities: RCON's short term assets (CN¥504.4M) exceed its long term liabilities (CN¥31.6M).
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 21.5% to 7.4% 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: Insufficient data to determine if RCON has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RCON has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.