Naruida Technology Balance Sheet Health
Financial Health criteria checks 6/6
Naruida Technology has a total shareholder equity of CN¥2.2B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥2.4B and CN¥258.7M respectively. Naruida Technology's EBIT is CN¥31.8M making its interest coverage ratio -1. It has cash and short-term investments of CN¥1.6B.
Key information
1.4%
Debt to equity ratio
CN¥30.02m
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥1.56b |
| Equity | CN¥2.18b |
| Total liabilities | CN¥258.72m |
| Total assets | CN¥2.44b |
Recent financial health updates
Recent updates
Naruida Technology's (SHSE:688522) Problems Go Beyond Weak Profit
Nov 05
Naruida Technology (SHSE:688522) Seems To Use Debt Quite Sensibly
Jun 11Earnings Troubles May Signal Larger Issues for Naruida Technology (SHSE:688522) Shareholders
Apr 26Capital Allocation Trends At Naruida Technology (SHSE:688522) Aren't Ideal
Apr 21Naruida Technology Co., Ltd.'s (SHSE:688522) 30% Share Price Surge Not Quite Adding Up
Mar 18Financial Position Analysis
Short Term Liabilities: 688522's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥252.3M).
Long Term Liabilities: 688522's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥6.5M).
Debt to Equity History and Analysis
Debt Level: 688522 has more cash than its total debt.
Reducing Debt: 688522's debt to equity ratio has reduced from 34% to 1.4% over the past 5 years.
Debt Coverage: 688522's debt is well covered by operating cash flow (150.3%).
Interest Coverage: 688522 earns more interest than it pays, so coverage of interest payments is not a concern.