NARI Technology Balance Sheet Health
Financial Health criteria checks 6/6
NARI Technology has a total shareholder equity of CN¥48.6B and total debt of CN¥470.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥80.9B and CN¥32.3B respectively. NARI Technology's EBIT is CN¥8.1B making its interest coverage ratio -16.3. It has cash and short-term investments of CN¥16.7B.
Key information
1.0%
Debt to equity ratio
CN¥470.57m
Debt
| Interest coverage ratio | -16.3x |
| Cash | CN¥16.67b |
| Equity | CN¥48.60b |
| Total liabilities | CN¥32.33b |
| Total assets | CN¥80.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600406's short term assets (CN¥62.9B) exceed its short term liabilities (CN¥31.6B).
Long Term Liabilities: 600406's short term assets (CN¥62.9B) exceed its long term liabilities (CN¥692.2M).
Debt to Equity History and Analysis
Debt Level: 600406 has more cash than its total debt.
Reducing Debt: 600406's debt to equity ratio has reduced from 2.7% to 1% over the past 5 years.
Debt Coverage: 600406's debt is well covered by operating cash flow (2393.2%).
Interest Coverage: 600406 earns more interest than it pays, so coverage of interest payments is not a concern.