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
CashCN¥1.25b
EquityCN¥2.45b
Total liabilitiesCN¥1.03b
Total assetsCN¥3.48b

Recent financial health updates

No updates

Recent updates

Financial 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


Discover healthy companies