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¥78.4M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are CN¥1.2B and CN¥183.2M respectively.
Key information
7.4%
Debt to equity ratio
CN¥78.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥619.09m |
| Equity | CN¥1.06b |
| Total liabilities | CN¥183.23m |
| Total assets | CN¥1.24b |
Recent financial health updates
No updates
Recent updates
Netac Technology Co., Ltd.'s (SZSE:300042) Popularity With Investors Under Threat As Stock Sinks 26%
Sep 15
Take Care Before Jumping Onto Netac Technology Co., Ltd. (SZSE:300042) Even Though It's 26% Cheaper
Jul 12Netac Technology Co., Ltd. (SZSE:300042) Stocks Pounded By 28% But Not Lagging Industry On Growth Or Pricing
Apr 15Netac Technology Co., Ltd.'s (SZSE:300042) P/S Still Appears To Be Reasonable
Feb 27Financial Position Analysis
Short Term Liabilities: 300042's short term assets (CN¥940.2M) exceed its short term liabilities (CN¥123.7M).
Long Term Liabilities: 300042's short term assets (CN¥940.2M) exceed its long term liabilities (CN¥59.5M).
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 7.4% 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.