Ningbo Heli Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Heli Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥341.6M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥606.62m |
| Equity | CN¥1.70b |
| Total liabilities | CN¥341.56m |
| Total assets | CN¥2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603917's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥256.2M).
Long Term Liabilities: 603917's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥85.4M).
Debt to Equity History and Analysis
Debt Level: 603917 is debt free.
Reducing Debt: 603917 has no debt compared to 5 years ago when its debt to equity ratio was 6%.
Debt Coverage: 603917 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603917 has no debt, therefore coverage of interest payments is not a concern.