Innuovo Technology Balance Sheet Health
Financial Health criteria checks 5/6
Innuovo Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥401.6M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥4.0B and CN¥1.3B respectively. Innuovo Technology's EBIT is CN¥206.9M making its interest coverage ratio -29.7. It has cash and short-term investments of CN¥773.9M.
Key information
15.1%
Debt to equity ratio
CN¥401.58m
Debt
| Interest coverage ratio | -29.7x |
| Cash | CN¥773.92m |
| Equity | CN¥2.66b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥3.99b |
Recent financial health updates
Recent updates
Innuovo Technology (SZSE:000795) Seems To Use Debt Quite Sensibly
Jul 24
Returns At Innuovo Technology (SZSE:000795) Appear To Be Weighed Down
Apr 17Innuovo Technology's (SZSE:000795) Soft Earnings Are Actually Better Than They Appear
Mar 21Innuovo Technology Co., Ltd.'s (SZSE:000795) 29% Price Boost Is Out Of Tune With Earnings
Mar 07Financial Position Analysis
Short Term Liabilities: 000795's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 000795's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥119.8M).
Debt to Equity History and Analysis
Debt Level: 000795 has more cash than its total debt.
Reducing Debt: 000795's debt to equity ratio has increased from 1.3% to 15.1% over the past 5 years.
Debt Coverage: 000795's debt is well covered by operating cash flow (88.1%).
Interest Coverage: 000795 earns more interest than it pays, so coverage of interest payments is not a concern.