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¥593.9M respectively. Micro-Tech (Nanjing)Ltd's EBIT is CN¥499.3M making its interest coverage ratio -6. It has cash and short-term investments of CN¥1.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -6x |
Cash | CN¥1.28b |
Equity | CN¥3.78b |
Total liabilities | CN¥593.87m |
Total assets | CN¥4.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688029's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥518.1M).
Long Term Liabilities: 688029's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥75.8M).
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 15.5%.
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.