New Trend International Logis-TechLtd Balance Sheet Health
Financial Health criteria checks 5/6
New Trend International Logis-TechLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥102.0M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥4.8B and CN¥3.1B respectively. New Trend International Logis-TechLtd's EBIT is CN¥421.5M making its interest coverage ratio -46.4. It has cash and short-term investments of CN¥986.4M.
Key information
5.9%
Debt to equity ratio
CN¥102.03m
Debt
| Interest coverage ratio | -46.4x |
| Cash | CN¥986.37m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥3.07b |
| Total assets | CN¥4.82b |
Recent financial health updates
No updates
Recent updates
Shareholders Can Be Confident That New Trend International Logis-TechLtd's (SZSE:300532) Earnings Are High Quality
Apr 01
New Trend International Logis-Tech Co.,Ltd. (SZSE:300532) Soars 28% But It's A Story Of Risk Vs Reward
Mar 04Does New Trend International Logis-TechLtd (SZSE:300532) Deserve A Spot On Your Watchlist?
Feb 26Financial Position Analysis
Short Term Liabilities: 300532's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 300532's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥91.5M).
Debt to Equity History and Analysis
Debt Level: 300532 has more cash than its total debt.
Reducing Debt: 300532's debt to equity ratio has increased from 5% to 5.9% over the past 5 years.
Debt Coverage: 300532's debt is well covered by operating cash flow (304.2%).
Interest Coverage: 300532 earns more interest than it pays, so coverage of interest payments is not a concern.