Newonder Special ElectricLtd Balance Sheet Health
Financial Health criteria checks 6/6
Newonder Special ElectricLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥81.3M respectively. Newonder Special ElectricLtd's EBIT is CN¥26.8M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥582.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.6x |
| Cash | CN¥582.63m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥81.25m |
| Total assets | CN¥1.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301120's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥72.6M).
Long Term Liabilities: 301120's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥8.6M).
Debt to Equity History and Analysis
Debt Level: 301120 is debt free.
Reducing Debt: 301120 had no debt 5 years ago.
Debt Coverage: 301120 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301120 has no debt, therefore coverage of interest payments is not a concern.