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¥424.6M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CN¥4.0B and CN¥1.3B respectively. Innuovo Technology's EBIT is CN¥148.2M making its interest coverage ratio 66.6. It has cash and short-term investments of CN¥673.1M.
Key information
15.7%
Debt to equity ratio
CN¥424.58m
Debt
| Interest coverage ratio | 66.6x |
| Cash | CN¥673.12m |
| Equity | CN¥2.70b |
| Total liabilities | CN¥1.32b |
| Total assets | CN¥4.02b |
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¥71.6M).
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 3.1% to 15.7% over the past 5 years.
Debt Coverage: 000795's debt is well covered by operating cash flow (116.8%).
Interest Coverage: 000795's interest payments on its debt are well covered by EBIT (66.6x coverage).