UTime Balance Sheet Health
Financial Health criteria checks 4/6
UTime has a total shareholder equity of CN¥29.1M and total debt of CN¥58.3M, which brings its debt-to-equity ratio to 200.8%. Its total assets and total liabilities are CN¥308.5M and CN¥279.5M respectively.
Key information
200.8%
Debt to equity ratio
CN¥58.34m
Debt
Interest coverage ratio | n/a |
Cash | CN¥79.95m |
Equity | CN¥29.05m |
Total liabilities | CN¥279.46m |
Total assets | CN¥308.51m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: WTO's short term assets (CN¥237.2M) do not cover its short term liabilities (CN¥255.6M).
Long Term Liabilities: WTO's short term assets (CN¥237.2M) exceed its long term liabilities (CN¥23.9M).
Debt to Equity History and Analysis
Debt Level: WTO has more cash than its total debt.
Reducing Debt: WTO's debt to equity ratio has increased from 82.8% to 200.8% 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: WTO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: WTO has sufficient cash runway for 3 years if free cash flow continues to grow at historical rates of 4.7% each year.