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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:59 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| 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
Northeast Electric Development Company Limited is covered by 1 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 |
|---|---|
| Amruta Deshpande | Virtua Research Inc. |