NARI Technology Balance Sheet Health
Financial Health criteria checks 6/6
NARI Technology has a total shareholder equity of CN¥49.3B and total debt of CN¥642.8M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥83.9B and CN¥34.6B respectively. NARI Technology's EBIT is CN¥8.3B making its interest coverage ratio -17. It has cash and short-term investments of CN¥17.8B.
Key information
1.3%
Debt to equity ratio
CN¥642.76m
Debt
| Interest coverage ratio | -17x |
| Cash | CN¥17.76b |
| Equity | CN¥49.30b |
| Total liabilities | CN¥34.58b |
| Total assets | CN¥83.88b |
Recent financial health updates
We Think NARI Technology (SHSE:600406) Can Manage Its Debt With Ease
Nov 22
NARI Technology (SHSE:600406) Could Easily Take On More Debt
Aug 13These 4 Measures Indicate That NARI Technology (SHSE:600406) Is Using Debt Safely
Apr 28Recent updates
We Think NARI Technology (SHSE:600406) Can Manage Its Debt With Ease
Nov 22Returns On Capital At NARI Technology (SHSE:600406) Have Hit The Brakes
Oct 17Estimating The Intrinsic Value Of NARI Technology Co., Ltd. (SHSE:600406)
Sep 17NARI Technology (SHSE:600406) Could Easily Take On More Debt
Aug 13Slowing Rates Of Return At NARI Technology (SHSE:600406) Leave Little Room For Excitement
Jul 12Estimating The Fair Value Of NARI Technology Co., Ltd. (SHSE:600406)
Jun 08NARI Technology Co., Ltd.'s (SHSE:600406) Low P/E No Reason For Excitement
May 24NARI Technology's (SHSE:600406) Earnings Seem To Be Promising
May 02These 4 Measures Indicate That NARI Technology (SHSE:600406) Is Using Debt Safely
Apr 28Returns At NARI Technology (SHSE:600406) Appear To Be Weighed Down
Feb 29Financial Position Analysis
Short Term Liabilities: 600406's short term assets (CN¥66.8B) exceed its short term liabilities (CN¥33.8B).
Long Term Liabilities: 600406's short term assets (CN¥66.8B) exceed its long term liabilities (CN¥750.4M).
Debt to Equity History and Analysis
Debt Level: 600406 has more cash than its total debt.
Reducing Debt: 600406's debt to equity ratio has reduced from 8.1% to 1.3% over the past 5 years.
Debt Coverage: 600406's debt is well covered by operating cash flow (1746.3%).
Interest Coverage: 600406 earns more interest than it pays, so coverage of interest payments is not a concern.