Neo-Neon Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Neo-Neon Holdings has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥229.6M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥529.18m |
| Equity | CN¥1.58b |
| Total liabilities | CN¥229.58m |
| Total assets | CN¥1.81b |
Financial Position Analysis
Short Term Liabilities: 1868's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥181.8M).
Long Term Liabilities: 1868's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥47.7M).
Debt to Equity History and Analysis
Debt Level: 1868 is debt free.
Reducing Debt: 1868 has no debt compared to 5 years ago when its debt to equity ratio was 32.7%.
Debt Coverage: 1868 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1868 has no debt, therefore coverage of interest payments is not a concern.