NOVA Technology Balance Sheet Health
Financial Health criteria checks 6/6
NOVA Technology has a total shareholder equity of CN¥804.4M and total debt of CN¥6.3M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥963.0M and CN¥158.6M respectively. NOVA Technology's EBIT is CN¥9.7M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥627.2M.
Key information
0.8%
Debt to equity ratio
CN¥6.31m
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥627.18m |
| Equity | CN¥804.35m |
| Total liabilities | CN¥158.64m |
| Total assets | CN¥962.99m |
Recent financial health updates
No updates
Recent updates
What NOVA Technology Corporation Limited's (SZSE:300921) 27% Share Price Gain Is Not Telling You
Dec 15
Why NOVA Technology's (SZSE:300921) Earnings Are Weaker Than They Seem
Nov 05NOVA Technology Corporation Limited (SZSE:300921) Stocks Shoot Up 35% But Its P/S Still Looks Reasonable
Oct 18NOVA Technology Corporation Limited's (SZSE:300921) Earnings Haven't Escaped The Attention Of Investors
Aug 13NOVA Technology (SZSE:300921) Could Be Struggling To Allocate Capital
Jul 12NOVA Technology's (SZSE:300921) Earnings Quality Is Low
May 01NOVA Technology Corporation Limited's (SZSE:300921) Popularity With Investors Under Threat As Stock Sinks 26%
Apr 23There Are Reasons To Feel Uneasy About NOVA Technology's (SZSE:300921) Returns On Capital
Apr 01There's Reason For Concern Over NOVA Technology Corporation Limited's (SZSE:300921) Massive 25% Price Jump
Mar 04Financial Position Analysis
Short Term Liabilities: 300921's short term assets (CN¥838.2M) exceed its short term liabilities (CN¥133.6M).
Long Term Liabilities: 300921's short term assets (CN¥838.2M) exceed its long term liabilities (CN¥25.1M).
Debt to Equity History and Analysis
Debt Level: 300921 has more cash than its total debt.
Reducing Debt: 300921's debt to equity ratio has reduced from 1.3% to 0.8% over the past 5 years.
Debt Coverage: 300921's debt is well covered by operating cash flow (323.3%).
Interest Coverage: 300921 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 22:12 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NOVA Technology Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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