New Trend International Logis-TechLtd Balance Sheet Health
Financial Health criteria checks 6/6
New Trend International Logis-TechLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥61.7M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥4.5B and CN¥2.8B respectively. New Trend International Logis-TechLtd's EBIT is CN¥333.2M making its interest coverage ratio -28.9. It has cash and short-term investments of CN¥844.1M.
Key information
3.7%
Debt to equity ratio
CN¥61.73m
Debt
| Interest coverage ratio | -28.9x |
| Cash | CN¥844.06m |
| Equity | CN¥1.67b |
| Total liabilities | CN¥2.80b |
| Total assets | CN¥4.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300532's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 300532's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥84.7M).
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 reduced from 5.3% to 3.7% over the past 5 years.
Debt Coverage: 300532's debt is well covered by operating cash flow (312.3%).
Interest Coverage: 300532 earns more interest than it pays, so coverage of interest payments is not a concern.