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
North 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.