NAURA Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
NAURA Technology Group has a total shareholder equity of CN¥26.0B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CN¥56.3B and CN¥30.2B respectively. NAURA Technology Group's EBIT is CN¥4.7B making its interest coverage ratio -168.8. It has cash and short-term investments of CN¥12.6B.
Key information
22.4%
Debt to equity ratio
CN¥5.84b
Debt
| Interest coverage ratio | -168.8x |
| Cash | CN¥12.60b |
| Equity | CN¥26.04b |
| Total liabilities | CN¥30.22b |
| Total assets | CN¥56.26b |
Recent financial health updates
Recent updates
A Look At The Intrinsic Value Of NAURA Technology Group Co., Ltd. (SZSE:002371)
Jul 29
Here's Why We Think NAURA Technology Group (SZSE:002371) Is Well Worth Watching
Jul 15NAURA Technology Group Co., Ltd.'s (SZSE:002371) Business Is Trailing The Market But Its Shares Aren't
Jul 01Does NAURA Technology Group (SZSE:002371) Have A Healthy Balance Sheet?
Jun 03Impressive Earnings May Not Tell The Whole Story For NAURA Technology Group (SZSE:002371)
May 06NAURA Technology Group Co., Ltd. Just Recorded A 8.3% Revenue Beat: Here's What Analysts Think
May 03Returns On Capital Are Showing Encouraging Signs At NAURA Technology Group (SZSE:002371)
Apr 04Does NAURA Technology Group (SZSE:002371) Deserve A Spot On Your Watchlist?
Mar 17Why Investors Shouldn't Be Surprised By NAURA Technology Group Co., Ltd.'s (SZSE:002371) 28% Share Price Surge
Mar 01Financial Position Analysis
Short Term Liabilities: 002371's short term assets (CN¥40.0B) exceed its short term liabilities (CN¥20.5B).
Long Term Liabilities: 002371's short term assets (CN¥40.0B) exceed its long term liabilities (CN¥9.7B).
Debt to Equity History and Analysis
Debt Level: 002371 has more cash than its total debt.
Reducing Debt: 002371's debt to equity ratio has increased from 21.5% to 22.4% over the past 5 years.
Debt Coverage: 002371's debt is well covered by operating cash flow (56.3%).
Interest Coverage: 002371 earns more interest than it pays, so coverage of interest payments is not a concern.