Nanjing CIGU TechnologyLTD Balance Sheet Health
Financial Health criteria checks 6/6
Nanjing CIGU TechnologyLTD has a total shareholder equity of CN¥997.5M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥432.2M respectively. Nanjing CIGU TechnologyLTD's EBIT is CN¥32.6M making its interest coverage ratio -4. It has cash and short-term investments of CN¥478.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4x |
| Cash | CN¥478.47m |
| Equity | CN¥997.54m |
| Total liabilities | CN¥432.23m |
| Total assets | CN¥1.43b |
Recent financial health updates
No updates
Recent updates
Nanjing CIGU TechnologyLTD's (SHSE:688448) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 06
Nanjing CIGU Technology Corp.,LTD.'s (SHSE:688448) 67% Share Price Surge Not Quite Adding Up
Oct 30Nanjing CIGU TechnologyLTD (SHSE:688448) Strong Profits May Be Masking Some Underlying Issues
May 01Some Confidence Is Lacking In Nanjing CIGU Technology Corp.,LTD. (SHSE:688448) As Shares Slide 26%
Apr 21Returns On Capital At Nanjing CIGU TechnologyLTD (SHSE:688448) Paint A Concerning Picture
Mar 27Financial Position Analysis
Short Term Liabilities: 688448's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥407.1M).
Long Term Liabilities: 688448's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥25.2M).
Debt to Equity History and Analysis
Debt Level: 688448 is debt free.
Reducing Debt: 688448 has no debt compared to 5 years ago when its debt to equity ratio was 33.8%.
Debt Coverage: 688448 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688448 has no debt, therefore coverage of interest payments is not a concern.