ComNav Technology Ltd.

SHSE:688592 Stock Report

Market Cap: CN¥2.4b

ComNav Technology Balance Sheet Health

Financial Health criteria checks 5/6

ComNav Technology has a total shareholder equity of CN¥987.5M and total debt of CN¥8.6M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥1.2B and CN¥208.7M respectively. ComNav Technology's EBIT is CN¥3.8M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥577.8M.

Key information

0.9%

Debt to equity ratio

CN¥8.61m

Debt

Interest coverage ratio-0.4x
CashCN¥577.78m
EquityCN¥987.46m
Total liabilitiesCN¥208.73m
Total assetsCN¥1.20b

Recent financial health updates

No updates

Recent updates

ComNav Technology Ltd.'s (SHSE:688592) Shares May Have Run Too Fast Too Soon

Sep 29
ComNav Technology Ltd.'s (SHSE:688592) Shares May Have Run Too Fast Too Soon

ComNav Technology (SHSE:688592) Might Be Having Difficulty Using Its Capital Effectively

Aug 20
ComNav Technology (SHSE:688592) Might Be Having Difficulty Using Its Capital Effectively

Some Confidence Is Lacking In ComNav Technology Ltd.'s (SHSE:688592) P/E

Jun 07
Some Confidence Is Lacking In ComNav Technology Ltd.'s (SHSE:688592) P/E

ComNav Technology (SHSE:688592) Strong Profits May Be Masking Some Underlying Issues

May 02
ComNav Technology (SHSE:688592) Strong Profits May Be Masking Some Underlying Issues

There's Reason For Concern Over ComNav Technology Ltd.'s (SHSE:688592) Massive 34% Price Jump

Mar 07
There's Reason For Concern Over ComNav Technology Ltd.'s (SHSE:688592) Massive 34% Price Jump

Financial Position Analysis

Short Term Liabilities: 688592's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥182.5M).

Long Term Liabilities: 688592's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥26.2M).


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 21.5% to 0.9% 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.


Balance Sheet


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