Novacon Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Novacon Technology Group has a total shareholder equity of HK$116.4M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$132.4M and HK$16.0M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$55.76m |
| Equity | HK$116.38m |
| Total liabilities | HK$16.00m |
| Total assets | HK$132.38m |
Recent financial health updates
No updates
Recent updates
Returns On Capital At Novacon Technology Group (HKG:8635) Paint A Concerning Picture
Jul 12
A Look At The Intrinsic Value Of Novacon Technology Group Limited (HKG:8635)
Mar 21There Are Reasons To Feel Uneasy About Novacon Technology Group's (HKG:8635) Returns On Capital
Jan 03Novacon Technology Group (HKG:8635) May Have Issues Allocating Its Capital
Sep 29A Look At The Fair Value Of Novacon Technology Group Limited (HKG:8635)
Aug 15Some Investors May Be Worried About Novacon Technology Group's (HKG:8635) Returns On Capital
May 27Novacon Technology Group's (HKG:8635) Returns On Capital Not Reflecting Well On The Business
Jan 28Should You Be Adding Novacon Technology Group (HKG:8635) To Your Watchlist Today?
Nov 01There Are Reasons To Feel Uneasy About Novacon Technology Group's (HKG:8635) Returns On Capital
Sep 08With EPS Growth And More, Novacon Technology Group (HKG:8635) Is Interesting
Jul 07Returns On Capital At Novacon Technology Group (HKG:8635) Paint A Concerning Picture
May 31Here's Why I Think Novacon Technology Group (HKG:8635) Is An Interesting Stock
Apr 08The Returns At Novacon Technology Group (HKG:8635) Provide Us With Signs Of What's To Come
Mar 02Should You Rely On Novacon Technology Group's (HKG:8635) Earnings Growth?
Jan 05
Financial Position Analysis
Short Term Liabilities: 8635's short term assets (HK$69.3M) exceed its short term liabilities (HK$15.5M).
Long Term Liabilities: 8635's short term assets (HK$69.3M) exceed its long term liabilities (HK$461.0K).
Debt to Equity History and Analysis
Debt Level: 8635 is debt free.
Reducing Debt: 8635 has no debt compared to 5 years ago when its debt to equity ratio was 23.6%.
Debt Coverage: 8635 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8635 has no debt, therefore coverage of interest payments is not a concern.