Micro-Tech (Nanjing)Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Micro-Tech (Nanjing)Ltd has a total shareholder equity of CN¥3.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.4B and CN¥654.1M respectively. Micro-Tech (Nanjing)Ltd's EBIT is CN¥549.7M making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥2.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.4x |
| Cash | CN¥2.23b |
| Equity | CN¥3.76b |
| Total liabilities | CN¥654.06m |
| Total assets | CN¥4.42b |
Recent financial health updates
No updates
Recent updates
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story
Oct 01
Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital
Aug 07Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors
Jul 16An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued
Apr 17Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return
Mar 19Financial Position Analysis
Short Term Liabilities: 688029's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥577.9M).
Long Term Liabilities: 688029's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥76.2M).
Debt to Equity History and Analysis
Debt Level: 688029 is debt free.
Reducing Debt: 688029 has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.
Debt Coverage: 688029 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688029 has no debt, therefore coverage of interest payments is not a concern.