Nancal TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Nancal TechnologyLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥196.3M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are CN¥4.3B and CN¥1.3B respectively. Nancal TechnologyLtd's EBIT is CN¥224.7M making its interest coverage ratio -8000.9. It has cash and short-term investments of CN¥609.5M.
Key information
6.7%
Debt to equity ratio
CN¥196.31m
Debt
| Interest coverage ratio | -8000.9x |
| Cash | CN¥609.52m |
| Equity | CN¥2.95b |
| Total liabilities | CN¥1.30b |
| Total assets | CN¥4.25b |
Recent financial health updates
Is Nancal TechnologyLtd (SHSE:603859) A Risky Investment?
Sep 28
Here's Why Nancal TechnologyLtd (SHSE:603859) Can Manage Its Debt Responsibly
Mar 29Recent updates
Nancal TechnologyLtd's (SHSE:603859) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 04The Market Lifts Nancal Technology Co.,Ltd (SHSE:603859) Shares 44% But It Can Do More
Oct 08Is Nancal TechnologyLtd (SHSE:603859) A Risky Investment?
Sep 28Nancal Technology Co.,Ltd (SHSE:603859) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jul 15News Flash: 5 Analysts Think Nancal Technology Co.,Ltd (SHSE:603859) Earnings Are Under Threat
Apr 25Investors Give Nancal Technology Co.,Ltd (SHSE:603859) Shares A 25% Hiding
Apr 21Nancal Technology Co.,Ltd Just Missed EPS By 20%: Here's What Analysts Think Will Happen Next
Apr 19Here's Why Nancal TechnologyLtd (SHSE:603859) Can Manage Its Debt Responsibly
Mar 29Nancal Technology Co.,Ltd (SHSE:603859) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Mar 04Financial Position Analysis
Short Term Liabilities: 603859's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603859's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥93.6M).
Debt to Equity History and Analysis
Debt Level: 603859 has more cash than its total debt.
Reducing Debt: 603859's debt to equity ratio has increased from 6.7% to 6.7% over the past 5 years.
Debt Coverage: 603859's debt is well covered by operating cash flow (225.6%).
Interest Coverage: 603859 earns more interest than it pays, so coverage of interest payments is not a concern.