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¥148.6M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥2.6B and CN¥421.7M respectively. Newcapec Electronics's EBIT is CN¥139.3M making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥255.8M.
Key information
6.8%
Debt to equity ratio
CN¥148.60m
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥255.83m |
| Equity | CN¥2.20b |
| Total liabilities | CN¥421.69m |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of Newcapec Electronics Co., Ltd. (SZSE:300248)
Oct 15
Newcapec Electronics Co., Ltd. (SZSE:300248) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Sep 30Returns On Capital Signal Tricky Times Ahead For Newcapec Electronics (SZSE:300248)
Sep 26Investors Can Find Comfort In Newcapec Electronics' (SZSE:300248) Earnings Quality
May 02Optimistic Investors Push Newcapec Electronics Co., Ltd. (SZSE:300248) Shares Up 36% But Growth Is Lacking
Mar 06Investors Met With Slowing Returns on Capital At Newcapec Electronics (SZSE:300248)
Feb 27Financial Position Analysis
Short Term Liabilities: 300248's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥363.7M).
Long Term Liabilities: 300248's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥58.0M).
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 10.2% to 6.8% over the past 5 years.
Debt Coverage: 300248's debt is well covered by operating cash flow (123.2%).
Interest Coverage: 300248 earns more interest than it pays, so coverage of interest payments is not a concern.