Noah Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Noah Holdings has a total shareholder equity of CN¥10.4B and total debt of CN¥188.7M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥12.7B and CN¥2.3B respectively. Noah Holdings's EBIT is CN¥1.1B making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥5.6B.
Key information
1.8%
Debt to equity ratio
CN¥188.70m
Debt
Interest coverage ratio | -6.8x |
Cash | CN¥5.57b |
Equity | CN¥10.43b |
Total liabilities | CN¥2.26b |
Total assets | CN¥12.69b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6NO's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 6NO's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥366.6M).
Debt to Equity History and Analysis
Debt Level: 6NO has more cash than its total debt.
Reducing Debt: 6NO's debt to equity ratio has reduced from 4.3% to 1.8% over the past 5 years.
Debt Coverage: 6NO's debt is well covered by operating cash flow (698.6%).
Interest Coverage: 6NO earns more interest than it pays, so coverage of interest payments is not a concern.