Novogene Balance Sheet Health
Financial Health criteria checks 6/6
Novogene has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.5B and CN¥1.0B respectively. Novogene's EBIT is CN¥182.5M making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.2x |
| Cash | CN¥1.25b |
| Equity | CN¥2.45b |
| Total liabilities | CN¥1.03b |
| Total assets | CN¥3.48b |
Recent financial health updates
No updates
Recent updates
Earnings Working Against Novogene Co., Ltd.'s (SHSE:688315) Share Price
Sep 27
Some Confidence Is Lacking In Novogene Co., Ltd. (SHSE:688315) As Shares Slide 26%
Jun 07Time To Worry? Analysts Are Downgrading Their Novogene Co., Ltd. (SHSE:688315) Outlook
Apr 17Estimating The Fair Value Of Novogene Co., Ltd. (SHSE:688315)
Mar 25Financial Position Analysis
Short Term Liabilities: 688315's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 688315's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥21.2M).
Debt to Equity History and Analysis
Debt Level: 688315 is debt free.
Reducing Debt: 688315 has no debt compared to 5 years ago when its debt to equity ratio was 16.8%.
Debt Coverage: 688315 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688315 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 15:53 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Novogene Co., Ltd. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pei Cheng | China Galaxy Securities Co., Ltd. |
| null null | China International Capital Corporation Limited |
| Yuan Gao | China International Capital Corporation Limited |