NCS Testing Technology Balance Sheet Health
Financial Health criteria checks 5/6
NCS Testing Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥26.9M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥1.8B and CN¥726.9M respectively. NCS Testing Technology's EBIT is CN¥118.3M making its interest coverage ratio 43.1. It has cash and short-term investments of CN¥109.9M.
Key information
2.5%
Debt to equity ratio
CN¥26.86m
Debt
Interest coverage ratio | 43.1x |
Cash | CN¥109.85m |
Equity | CN¥1.08b |
Total liabilities | CN¥726.94m |
Total assets | CN¥1.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300797's short term assets (CN¥895.5M) exceed its short term liabilities (CN¥521.4M).
Long Term Liabilities: 300797's short term assets (CN¥895.5M) exceed its long term liabilities (CN¥205.5M).
Debt to Equity History and Analysis
Debt Level: 300797 has more cash than its total debt.
Reducing Debt: 300797's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: 300797's debt is well covered by operating cash flow (157.5%).
Interest Coverage: 300797's interest payments on its debt are well covered by EBIT (43.1x coverage).