NINGBO HENGSHUAI Balance Sheet Health
Financial Health criteria checks 6/6
NINGBO HENGSHUAI has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥258.7M respectively. NINGBO HENGSHUAI's EBIT is CN¥229.8M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥600.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥600.51m |
| Equity | CN¥1.23b |
| Total liabilities | CN¥258.72m |
| Total assets | CN¥1.49b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think NINGBO HENGSHUAI (SZSE:300969) Is Well Worth Watching
Oct 23
After Leaping 35% NINGBO HENGSHUAI Co., LTD. (SZSE:300969) Shares Are Not Flying Under The Radar
Oct 01Why NINGBO HENGSHUAI Co., LTD. (SZSE:300969) Could Be Worth Watching
Sep 20Is There An Opportunity With NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) 28% Undervaluation?
Jul 12What Does NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Share Price Indicate?
Jun 09NINGBO HENGSHUAI (SZSE:300969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 03Is Now The Time To Put NINGBO HENGSHUAI (SZSE:300969) On Your Watchlist?
Apr 25NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Intrinsic Value Is Potentially 52% Above Its Share Price
Apr 09Financial Position Analysis
Short Term Liabilities: 300969's short term assets (CN¥977.3M) exceed its short term liabilities (CN¥227.9M).
Long Term Liabilities: 300969's short term assets (CN¥977.3M) exceed its long term liabilities (CN¥30.8M).
Debt to Equity History and Analysis
Debt Level: 300969 is debt free.
Reducing Debt: 300969 has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: 300969 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300969 has no debt, therefore coverage of interest payments is not a concern.