Northeast Electric Development Balance Sheet Health
Financial Health criteria checks 3/6
Northeast Electric Development has a total shareholder equity of CN¥-205.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥183.5M and CN¥388.9M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥16.17m |
| Equity | -CN¥205.44m |
| Total liabilities | CN¥388.94m |
| Total assets | CN¥183.50m |
Recent financial health updates
No updates
Recent updates
What Northeast Electric Development Company Limited's (HKG:42) 31% Share Price Gain Is Not Telling You
Oct 04
Some Confidence Is Lacking In Northeast Electric Development Company Limited's (HKG:42) P/S
Feb 01Northeast Electric Development Company Limited's (HKG:42) 45% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/E Ratio
Apr 04Financial Position Analysis
Short Term Liabilities: 42 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 42 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 42 is debt free.
Reducing Debt: 42's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 42 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 42 has no debt, therefore coverage of interest payments is not a concern.