Netac Technology Balance Sheet Health
Financial Health criteria checks 3/6
Netac Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥144.1M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are CN¥1.5B and CN¥321.2M respectively.
Key information
12.7%
Debt to equity ratio
CN¥144.13m
Debt
Interest coverage ratio | n/a |
Cash | CN¥640.77m |
Equity | CN¥1.14b |
Total liabilities | CN¥321.24m |
Total assets | CN¥1.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300042's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥309.1M).
Long Term Liabilities: 300042's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥12.1M).
Debt to Equity History and Analysis
Debt Level: 300042 has more cash than its total debt.
Reducing Debt: 300042's debt to equity ratio has increased from 0% to 12.7% over the past 5 years.
Debt Coverage: 300042's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 300042's interest payments on its debt are well covered by EBIT.