NARI Technology Balance Sheet Health
Financial Health criteria checks 6/6
NARI Technology has a total shareholder equity of CN¥50.9B and total debt of CN¥618.2M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥83.1B and CN¥32.2B respectively. NARI Technology's EBIT is CN¥8.0B making its interest coverage ratio -15.6. It has cash and short-term investments of CN¥20.6B.
Key information
1.2%
Debt to equity ratio
CN¥618.22m
Debt
Interest coverage ratio | -15.6x |
Cash | CN¥20.59b |
Equity | CN¥50.92b |
Total liabilities | CN¥32.22b |
Total assets | CN¥83.15b |
Recent financial health updates
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
NARI 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¥64.7B) exceed its short term liabilities (CN¥31.6B).
Long Term Liabilities: 600406's short term assets (CN¥64.7B) exceed its long term liabilities (CN¥616.4M).
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 4.8% to 1.2% over the past 5 years.
Debt Coverage: 600406's debt is well covered by operating cash flow (2035.1%).
Interest Coverage: 600406 earns more interest than it pays, so coverage of interest payments is not a concern.