ENC Digital Technology Balance Sheet Health
Financial Health criteria checks 5/6
ENC Digital Technology has a total shareholder equity of CN¥4.0B and total debt of CN¥183.3M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CN¥5.0B and CN¥1.0B respectively.
Key information
4.6%
Debt to equity ratio
CN¥183.26m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.78b |
| Equity | CN¥3.99b |
| Total liabilities | CN¥1.01b |
| Total assets | CN¥5.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603869's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 603869's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥4.7M).
Debt to Equity History and Analysis
Debt Level: 603869 has more cash than its total debt.
Reducing Debt: 603869's debt to equity ratio has reduced from 32.1% to 4.6% over the past 5 years.
Debt Coverage: 603869's debt is well covered by operating cash flow (161.9%).
Interest Coverage: Insufficient data to determine if 603869's interest payments on its debt are well covered by EBIT.