ENC Digital Technology Balance Sheet Health
Financial Health criteria checks 5/6
ENC Digital Technology has a total shareholder equity of CN¥3.8B and total debt of CN¥228.0M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥5.1B and CN¥1.3B respectively.
Key information
5.9%
Debt to equity ratio
CN¥228.00m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.44b |
Equity | CN¥3.84b |
Total liabilities | CN¥1.27b |
Total assets | CN¥5.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603869's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 603869's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥7.3M).
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 42.6% to 5.9% over the past 5 years.
Debt Coverage: 603869's debt is well covered by operating cash flow (56.1%).
Interest Coverage: Insufficient data to determine if 603869's interest payments on its debt are well covered by EBIT.