Newtechwood Balance Sheet Health
Financial Health criteria checks 5/6
Newtechwood has a total shareholder equity of CN¥906.2M and total debt of CN¥488.4M, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are CN¥1.6B and CN¥666.7M respectively. Newtechwood's EBIT is CN¥103.6M making its interest coverage ratio 5.8. It has cash and short-term investments of CN¥346.2M.
Key information
53.9%
Debt to equity ratio
CN¥488.42m
Debt
| Interest coverage ratio | 5.8x |
| Cash | CN¥346.25m |
| Equity | CN¥906.18m |
| Total liabilities | CN¥666.68m |
| Total assets | CN¥1.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301588's short term assets (CN¥927.1M) exceed its short term liabilities (CN¥527.8M).
Long Term Liabilities: 301588's short term assets (CN¥927.1M) exceed its long term liabilities (CN¥138.8M).
Debt to Equity History and Analysis
Debt Level: 301588's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 301588's debt to equity ratio has reduced from 190.3% to 53.9% over the past 5 years.
Debt Coverage: 301588's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301588's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:22 |
| End of Day Share Price | 2024/12/23 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
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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
Newtechwood Corporation is covered by 0 analysts. 0 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 |
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