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¥116.7M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥2.6B and CN¥406.5M respectively. Newcapec Electronics's EBIT is CN¥152.9M making its interest coverage ratio -11.9. It has cash and short-term investments of CN¥243.8M.
Key information
5.2%
Debt to equity ratio
CN¥116.67m
Debt
| Interest coverage ratio | -11.9x |
| Cash | CN¥243.80m |
| Equity | CN¥2.22b |
| Total liabilities | CN¥406.54m |
| Total assets | CN¥2.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300248's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥349.6M).
Long Term Liabilities: 300248's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥56.9M).
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 10.5% to 5.2% over the past 5 years.
Debt Coverage: 300248's debt is well covered by operating cash flow (194.1%).
Interest Coverage: 300248 earns more interest than it pays, so coverage of interest payments is not a concern.