North Industries Group Red Arrow Balance Sheet Health
Financial Health criteria checks 4/6
North Industries Group Red Arrow has a total shareholder equity of CN¥10.4B and total debt of CN¥880.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥15.5B and CN¥5.1B respectively. North Industries Group Red Arrow's EBIT is CN¥563.7M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥5.5B.
Key information
8.5%
Debt to equity ratio
CN¥880.00m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥5.50b |
| Equity | CN¥10.40b |
| Total liabilities | CN¥5.14b |
| Total assets | CN¥15.55b |
Recent financial health updates
Is North Industries Group Red Arrow (SZSE:000519) Using Too Much Debt?
Jun 07
Is North Industries Group Red Arrow (SZSE:000519) Using Too Much Debt?
Mar 01Recent updates
Is Now An Opportune Moment To Examine North Industries Group Red Arrow Co., Ltd (SZSE:000519)?
Dec 19North Industries Group Red Arrow (SZSE:000519) Hasn't Managed To Accelerate Its Returns
Nov 21North Industries Group Red Arrow's (SZSE:000519) Solid Profits Have Weak Fundamentals
Nov 04Here's Why North Industries Group Red Arrow (SZSE:000519) Has Caught The Eye Of Investors
Oct 14North Industries Group Red Arrow Co., Ltd (SZSE:000519) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Oct 01We Like These Underlying Return On Capital Trends At North Industries Group Red Arrow (SZSE:000519)
Jul 31North Industries Group Red Arrow (SZSE:000519) Will Pay A Dividend Of CN¥0.055
Jun 27North Industries Group Red Arrow Co., Ltd's (SZSE:000519) Prospects Need A Boost To Lift Shares
Jun 23Is North Industries Group Red Arrow (SZSE:000519) Using Too Much Debt?
Jun 07Should You Be Adding North Industries Group Red Arrow (SZSE:000519) To Your Watchlist Today?
May 07Returns At North Industries Group Red Arrow (SZSE:000519) Are On The Way Up
Apr 21Why Investors Shouldn't Be Surprised By North Industries Group Red Arrow Co., Ltd's (SZSE:000519) 33% Share Price Surge
Mar 07Is North Industries Group Red Arrow (SZSE:000519) Using Too Much Debt?
Mar 01Financial Position Analysis
Short Term Liabilities: 000519's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 000519's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥807.3M).
Debt to Equity History and Analysis
Debt Level: 000519 has more cash than its total debt.
Reducing Debt: 000519's debt to equity ratio has increased from 1.3% to 8.5% over the past 5 years.
Debt Coverage: 000519's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000519 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 14:49 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
North Industries Group Red Arrow Co., Ltd is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuanrui Liu | Changjiang Securities Co. LTD. |
| He Tao Wang | Changjiang Securities Co. LTD. |
| Chao Li | Citic Securities Co., Ltd. |