Nan Nan Resources Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
Nan Nan Resources Enterprise has a total shareholder equity of HK$195.0M and total debt of HK$232.8M, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are HK$624.5M and HK$429.5M respectively. Nan Nan Resources Enterprise's EBIT is HK$67.8M making its interest coverage ratio 43.3. It has cash and short-term investments of HK$250.1M.
Key information
119.4%
Debt to equity ratio
HK$232.80m
Debt
| Interest coverage ratio | 43.3x |
| Cash | HK$250.15m |
| Equity | HK$195.02m |
| Total liabilities | HK$429.52m |
| Total assets | HK$624.53m |
Recent financial health updates
Is Nan Nan Resources Enterprise (HKG:1229) A Risky Investment?
Jun 24
Here's Why Nan Nan Resources Enterprise (HKG:1229) Has A Meaningful Debt Burden
Jul 04Here's Why Nan Nan Resources Enterprise (HKG:1229) Can Manage Its Debt Responsibly
Aug 18These 4 Measures Indicate That Nan Nan Resources Enterprise (HKG:1229) Is Using Debt Extensively
Jan 03Does Nan Nan Resources Enterprise (HKG:1229) Have A Healthy Balance Sheet?
Jul 02Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Nan Nan Resources Enterprise Limited (HKG:1229)
Sep 30Nan Nan Resources Enterprise's (HKG:1229) Earnings Might Be Weaker Than You Think
Aug 01Is Nan Nan Resources Enterprise (HKG:1229) A Risky Investment?
Jun 24Here's Why Nan Nan Resources Enterprise (HKG:1229) Has A Meaningful Debt Burden
Jul 04Calculating The Intrinsic Value Of Nan Nan Resources Enterprise Limited (HKG:1229)
May 16Here's Why Nan Nan Resources Enterprise (HKG:1229) Can Manage Its Debt Responsibly
Aug 18These 4 Measures Indicate That Nan Nan Resources Enterprise (HKG:1229) Is Using Debt Extensively
Jan 03Does Nan Nan Resources Enterprise (HKG:1229) Have A Healthy Balance Sheet?
Jul 02Financial Position Analysis
Short Term Liabilities: 1229's short term assets (HK$257.7M) exceed its short term liabilities (HK$119.0M).
Long Term Liabilities: 1229's short term assets (HK$257.7M) do not cover its long term liabilities (HK$310.6M).
Debt to Equity History and Analysis
Debt Level: 1229 has more cash than its total debt.
Reducing Debt: 1229's debt to equity ratio has reduced from 124.6% to 119.4% over the past 5 years.
Debt Coverage: 1229's debt is well covered by operating cash flow (58%).
Interest Coverage: 1229's interest payments on its debt are well covered by EBIT (43.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Nan Nan Resources Enterprise Limited is covered by 0 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 |
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