Foshan NationStar OptoelectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Foshan NationStar OptoelectronicsLtd has a total shareholder equity of CN¥3.8B and total debt of CN¥617.6M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are CN¥6.4B and CN¥2.6B respectively.
Key information
16.1%
Debt to equity ratio
CN¥617.56m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.56b |
Equity | CN¥3.84b |
Total liabilities | CN¥2.61b |
Total assets | CN¥6.44b |
Recent financial health updates
Recent updates
Foshan NationStar OptoelectronicsLtd (SZSE:002449) May Have Issues Allocating Its Capital
Aug 02Foshan NationStar OptoelectronicsLtd (SZSE:002449) Has Announced A Dividend Of CN¥0.06
Jun 09Does Foshan NationStar OptoelectronicsLtd (SZSE:002449) Have A Healthy Balance Sheet?
Jun 06We Think That There Are More Issues For Foshan NationStar OptoelectronicsLtd (SZSE:002449) Than Just Sluggish Earnings
Apr 21Investor Optimism Abounds Foshan NationStar Optoelectronics Co.,Ltd (SZSE:002449) But Growth Is Lacking
Feb 28Financial Position Analysis
Short Term Liabilities: 002449's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 002449's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥379.7M).
Debt to Equity History and Analysis
Debt Level: 002449 has more cash than its total debt.
Reducing Debt: 002449's debt to equity ratio has increased from 4% to 16.1% over the past 5 years.
Debt Coverage: 002449's debt is well covered by operating cash flow (46.5%).
Interest Coverage: Insufficient data to determine if 002449's interest payments on its debt are well covered by EBIT.