United Nova TechnologyLtd Balance Sheet Health
Financial Health criteria checks 2/6
United Nova TechnologyLtd has a total shareholder equity of CN¥16.2B and total debt of CN¥12.6B, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are CN¥34.9B and CN¥18.8B respectively.
Key information
78.2%
Debt to equity ratio
CN¥12.64b
Debt
Interest coverage ratio | n/a |
Cash | CN¥5.86b |
Equity | CN¥16.17b |
Total liabilities | CN¥18.78b |
Total assets | CN¥34.95b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 688469's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥6.5B).
Long Term Liabilities: 688469's short term assets (CN¥10.2B) do not cover its long term liabilities (CN¥12.3B).
Debt to Equity History and Analysis
Debt Level: 688469's net debt to equity ratio (41.9%) 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 less than a year of cash runway 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 21.9% each year