ComNav Technology Balance Sheet Health
Financial Health criteria checks 5/6
ComNav Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥200.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥1.2B and CN¥163.3M respectively. ComNav Technology's EBIT is CN¥23.8M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥615.9M.
Key information
0.02%
Debt to equity ratio
CN¥200.00k
Debt
Interest coverage ratio | -3.6x |
Cash | CN¥615.87m |
Equity | CN¥1.02b |
Total liabilities | CN¥163.25m |
Total assets | CN¥1.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688592's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥130.9M).
Long Term Liabilities: 688592's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥32.4M).
Debt to Equity History and Analysis
Debt Level: 688592 has more cash than its total debt.
Reducing Debt: 688592's debt to equity ratio has reduced from 15.1% to 0.02% over the past 5 years.
Debt Coverage: 688592's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688592 earns more interest than it pays, so coverage of interest payments is not a concern.