HuBei NengTer TechnologyLtd Balance Sheet Health
Financial Health criteria checks 3/6
HuBei NengTer TechnologyLtd has a total shareholder equity of CN¥4.4B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are CN¥8.7B and CN¥4.3B respectively.
Key information
34.3%
Debt to equity ratio
CN¥1.49b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.47b |
| Equity | CN¥4.36b |
| Total liabilities | CN¥4.34b |
| Total assets | CN¥8.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002102's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002102's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002102's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 002102's debt to equity ratio has increased from 17.9% to 34.3% over the past 5 years.
Debt Coverage: 002102's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002102's interest payments on its debt are well covered by EBIT.