North Long Dragon New Materials Tech Balance Sheet Health
Financial Health criteria checks 6/6
North Long Dragon New Materials Tech has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥118.8M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥415.33m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥118.76m |
| Total assets | CN¥1.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301357's short term assets (CN¥837.7M) exceed its short term liabilities (CN¥116.4M).
Long Term Liabilities: 301357's short term assets (CN¥837.7M) exceed its long term liabilities (CN¥2.3M).
Debt to Equity History and Analysis
Debt Level: 301357 is debt free.
Reducing Debt: 301357 has no debt compared to 5 years ago when its debt to equity ratio was 7.9%.
Debt Coverage: 301357 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301357 has no debt, therefore coverage of interest payments is not a concern.