United Nova TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
United Nova TechnologyLtd has a total shareholder equity of CN¥16.8B and total debt of CN¥14.0B, which brings its debt-to-equity ratio to 83.4%. Its total assets and total liabilities are CN¥36.1B and CN¥19.3B respectively.
Key information
83.4%
Debt to equity ratio
CN¥14.01b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.05b |
| Equity | CN¥16.79b |
| Total liabilities | CN¥19.34b |
| Total assets | CN¥36.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688469's short term assets (CN¥12.1B) exceed its short term liabilities (CN¥8.1B).
Long Term Liabilities: 688469's short term assets (CN¥12.1B) exceed its long term liabilities (CN¥11.3B).
Debt to Equity History and Analysis
Debt Level: 688469's net debt to equity ratio (35.5%) is considered satisfactory.
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 15.8% each year