Neusoft Balance Sheet Health
Financial Health criteria checks 6/6
Neusoft has a total shareholder equity of CN¥9.4B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are CN¥18.5B and CN¥9.1B respectively. Neusoft's EBIT is CN¥312.8M making its interest coverage ratio 22.2. It has cash and short-term investments of CN¥2.8B.
Key information
11.4%
Debt to equity ratio
CN¥1.07b
Debt
Interest coverage ratio | 22.2x |
Cash | CN¥2.76b |
Equity | CN¥9.38b |
Total liabilities | CN¥9.11b |
Total assets | CN¥18.49b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600718's short term assets (CN¥10.7B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 600718's short term assets (CN¥10.7B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 600718 has more cash than its total debt.
Reducing Debt: 600718's debt to equity ratio has reduced from 19.8% to 11.4% over the past 5 years.
Debt Coverage: 600718's debt is well covered by operating cash flow (77.6%).
Interest Coverage: 600718's interest payments on its debt are well covered by EBIT (22.2x coverage).