Ningbo Exciton Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Exciton Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥678.4M, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are CN¥3.8B and CN¥1.9B respectively. Ningbo Exciton Technology's EBIT is CN¥131.1M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥713.3M.
Key information
35.7%
Debt to equity ratio
CN¥678.36m
Debt
Interest coverage ratio | -5.8x |
Cash | CN¥713.26m |
Equity | CN¥1.90b |
Total liabilities | CN¥1.87b |
Total assets | CN¥3.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300566's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 300566's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥298.2M).
Debt to Equity History and Analysis
Debt Level: 300566 has more cash than its total debt.
Reducing Debt: 300566's debt to equity ratio has reduced from 99.1% to 35.7% over the past 5 years.
Debt Coverage: 300566's debt is well covered by operating cash flow (26.6%).
Interest Coverage: 300566 earns more interest than it pays, so coverage of interest payments is not a concern.