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¥295.0M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥3.9B and CN¥1.2B respectively. Innuovo Technology's EBIT is CN¥212.6M making its interest coverage ratio -30.4. It has cash and short-term investments of CN¥813.7M.
Key information
10.9%
Debt to equity ratio
CN¥295.02m
Debt
| Interest coverage ratio | -30.4x |
| Cash | CN¥813.66m |
| Equity | CN¥2.70b |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥3.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000795's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 000795's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥81.5M).
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 7.9% to 10.9% over the past 5 years.
Debt Coverage: 000795's debt is well covered by operating cash flow (192.5%).
Interest Coverage: 000795 earns more interest than it pays, so coverage of interest payments is not a concern.