Neusoft Education Technology Balance Sheet Health
Financial Health criteria checks 2/6
Neusoft Education Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥2.7B, which brings its debt-to-equity ratio to 131.9%. Its total assets and total liabilities are CN¥6.7B and CN¥4.6B respectively. Neusoft Education Technology's EBIT is CN¥664.1M making its interest coverage ratio 7.6. It has cash and short-term investments of CN¥1.8B.
Key information
131.9%
Debt to equity ratio
CN¥2.72b
Debt
| Interest coverage ratio | 7.6x |
| Cash | CN¥1.80b |
| Equity | CN¥2.07b |
| Total liabilities | CN¥4.63b |
| Total assets | CN¥6.69b |
Recent financial health updates
No updates
Recent updates
Calculating The Intrinsic Value Of Neusoft Education Technology Co. Limited (HKG:9616)
Mar 22
Neusoft Education Technology Co. Limited (HKG:9616) Shares Fly 28% But Investors Aren't Buying For Growth
Feb 27Neusoft Education Technology's (HKG:9616) Shareholders Will Receive A Bigger Dividend Than Last Year
May 29Neusoft Education Technology's (HKG:9616) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Neusoft Education Technology (HKG:9616) Will Pay A Larger Dividend Than Last Year At HK$0.14
Apr 28Neusoft Education Technology (HKG:9616) Is Increasing Its Dividend To HK$0.14
Apr 05Revenue Miss: Neusoft Education Technology Co. Limited Fell 7.9% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Apr 04The Returns On Capital At Neusoft Education Technology (HKG:9616) Don't Inspire Confidence
Jan 26Investors Could Be Concerned With Neusoft Education Technology's (HKG:9616) Returns On Capital
Oct 19Neusoft Education Technology's (HKG:9616) Problems Go Beyond Weak Profit
Sep 23Neusoft Education Technology Co. Limited's (HKG:9616) Popularity With Investors Is Clear
May 05Is Neusoft Education Technology Co. Limited (HKG:9616) Popular Amongst Insiders?
Feb 23Should You Be Excited About Neusoft Education Technology Co. Limited's (HKG:9616) 21% Return On Equity?
Dec 30
Financial Position Analysis
Short Term Liabilities: 9616's short term assets (CN¥2.1B) do not cover its short term liabilities (CN¥2.4B).
Long Term Liabilities: 9616's short term assets (CN¥2.1B) do not cover its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 9616's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: 9616's debt to equity ratio has increased from 97.4% to 131.9% over the past 5 years.
Debt Coverage: 9616's debt is well covered by operating cash flow (27%).
Interest Coverage: 9616's interest payments on its debt are well covered by EBIT (7.6x coverage).