Newcapec Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Newcapec Electronics has a total shareholder equity of CN¥2.2B and total debt of CN¥110.6M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥2.6B and CN¥387.5M respectively. Newcapec Electronics's EBIT is CN¥145.4M making its interest coverage ratio 26.6. It has cash and short-term investments of CN¥278.0M.
Key information
5.0%
Debt to equity ratio
CN¥110.60m
Debt
| Interest coverage ratio | 26.6x |
| Cash | CN¥278.05m |
| Equity | CN¥2.23b |
| Total liabilities | CN¥387.51m |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300248's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥329.3M).
Long Term Liabilities: 300248's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥58.2M).
Debt to Equity History and Analysis
Debt Level: 300248 has more cash than its total debt.
Reducing Debt: 300248's debt to equity ratio has reduced from 9.6% to 5% over the past 5 years.
Debt Coverage: 300248's debt is well covered by operating cash flow (137.9%).
Interest Coverage: 300248's interest payments on its debt are well covered by EBIT (26.6x coverage).