New Hope Service Holdings Balance Sheet Health
Financial Health criteria checks 6/6
New Hope Service Holdings has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥704.0M respectively. New Hope Service Holdings's EBIT is CN¥286.0M making its interest coverage ratio -16.3. It has cash and short-term investments of CN¥1.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -16.3x |
Cash | CN¥1.17b |
Equity | CN¥1.26b |
Total liabilities | CN¥704.01m |
Total assets | CN¥1.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3658's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥645.0M).
Long Term Liabilities: 3658's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥59.0M).
Debt to Equity History and Analysis
Debt Level: 3658 is debt free.
Reducing Debt: 3658 had no debt 5 years ago.
Debt Coverage: 3658 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3658 has no debt, therefore coverage of interest payments is not a concern.