Ninebot Balance Sheet Health
Financial Health criteria checks 6/6
Ninebot has a total shareholder equity of CN¥5.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥11.0B and CN¥5.5B respectively. Ninebot's EBIT is CN¥439.6M making its interest coverage ratio -5. It has cash and short-term investments of CN¥5.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥5.36b |
| Equity | CN¥5.41b |
| Total liabilities | CN¥5.54b |
| Total assets | CN¥10.96b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Ninebot Limited's (SHSE:689009) Prospects As Shares Rocket 25%
Apr 29
Analysts Have Made A Financial Statement On Ninebot Limited's (SHSE:689009) First-Quarter Report
Apr 26Here's Why We Think Ninebot (SHSE:689009) Might Deserve Your Attention Today
Apr 25We Think Ninebot's (SHSE:689009) Robust Earnings Are Conservative
Apr 08Is Ninebot Limited (SHSE:689009) Potentially Undervalued?
Mar 19Ninebot Limited (SHSE:689009) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
Mar 01Ninebot (SHSE:689009) Is Reinvesting At Lower Rates Of Return
Feb 28Financial Position Analysis
Short Term Liabilities: 689009's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 689009's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥162.9M).
Debt to Equity History and Analysis
Debt Level: 689009 is debt free.
Reducing Debt: 689009 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: 689009 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 689009 has no debt, therefore coverage of interest payments is not a concern.