United Nova TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
United Nova TechnologyLtd has a total shareholder equity of CN¥16.9B and total debt of CN¥12.2B, which brings its debt-to-equity ratio to 72.6%. Its total assets and total liabilities are CN¥33.1B and CN¥16.2B respectively.
Key information
72.6%
Debt to equity ratio
CN¥12.24b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.75b |
| Equity | CN¥16.86b |
| Total liabilities | CN¥16.20b |
| Total assets | CN¥33.06b |
Recent financial health updates
United Nova TechnologyLtd (SHSE:688469) Is Making Moderate Use Of Debt
Oct 27
Is United Nova TechnologyLtd (SHSE:688469) Using Too Much Debt?
Jun 27Recent updates
United Nova Technology Co.,Ltd.'s (SHSE:688469) 25% Share Price Surge Not Quite Adding Up
Nov 08United Nova TechnologyLtd (SHSE:688469) Is Making Moderate Use Of Debt
Oct 27United Nova Technology Co.,Ltd. (SHSE:688469) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Sep 03Is United Nova TechnologyLtd (SHSE:688469) Using Too Much Debt?
Jun 27Financial Position Analysis
Short Term Liabilities: 688469's short term assets (CN¥9.0B) exceed its short term liabilities (CN¥8.1B).
Long Term Liabilities: 688469's short term assets (CN¥9.0B) exceed its long term liabilities (CN¥8.1B).
Debt to Equity History and Analysis
Debt Level: 688469's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: Insufficient data to determine if 688469's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 688469 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688469 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.8% each year