Nextool Technology Balance Sheet Health
Financial Health criteria checks 6/6
Nextool Technology has a total shareholder equity of CN¥989.4M 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¥164.8M respectively. Nextool Technology's EBIT is CN¥43.7M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥819.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥819.81m |
| Equity | CN¥989.40m |
| Total liabilities | CN¥164.78m |
| Total assets | CN¥1.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688419's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥154.1M).
Long Term Liabilities: 688419's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥10.6M).
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.