Nextool Technology Balance Sheet Health
Financial Health criteria checks 6/6
Nextool Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥182.8M respectively. Nextool Technology's EBIT is CN¥59.4M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥827.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥827.64m |
| Equity | CN¥1.00b |
| Total liabilities | CN¥182.82m |
| Total assets | CN¥1.19b |
Recent financial health updates
No updates
Recent updates
Nextool Technology Co., Ltd.'s (SHSE:688419) Shares Climb 37% But Its Business Is Yet to Catch Up
Nov 11
Calculating The Intrinsic Value Of Nextool Technology Co., Ltd. (SHSE:688419)
Sep 30Nextool Technology's (SHSE:688419) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 26There's Reason For Concern Over Nextool Technology Co., Ltd.'s (SHSE:688419) Massive 30% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 688419's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥165.2M).
Long Term Liabilities: 688419's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥17.6M).
Debt to Equity History and Analysis
Debt Level: 688419 is debt free.
Reducing Debt: 688419 had no debt 5 years ago.
Debt Coverage: 688419 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688419 has no debt, therefore coverage of interest payments is not a concern.