NaaS Technology Balance Sheet Health
Financial Health criteria checks 2/6
NaaS Technology has a total shareholder equity of CN¥-242.5M and total debt of CN¥1.2B, which brings its debt-to-equity ratio to -475.9%. Its total assets and total liabilities are CN¥1.3B and CN¥1.6B respectively.
Key information
-475.9%
Debt to equity ratio
CN¥1.15b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥435.13m |
| Equity | -CN¥242.50m |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥1.31b |
Recent financial health updates
Recent updates
With A 28% Price Drop For NaaS Technology Inc. (NASDAQ:NAAS) You'll Still Get What You Pay For
Apr 02
Getting In Cheap On NaaS Technology Inc. (NASDAQ:NAAS) Might Be Difficult
Feb 16What You Can Learn From NaaS Technology Inc.'s (NASDAQ:NAAS) P/S
Oct 29Megaport and Zenlayer announces strategic partnership
Oct 12NaaS Technology adopts new share incentive plan
Sep 29We're Hopeful That NaaS Technology (NASDAQ:NAAS) Will Use Its Cash Wisely
Sep 13NaaS enters into strategic partnership with Newrizon
Sep 09NaaS to collaborate with EEZI
Sep 02NaaS Technology Non-GAAP EPADS of -$0.06, revenue of $1.58M
Aug 22NaaS Technology rallies after EVs charging solution deal with Green Intelligent Link
Jul 08Dead Man Reawakening? Defunct Rise Education Reborn As EV Charging Company
Jun 16Financial Position Analysis
Short Term Liabilities: NAAS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NAAS 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: NAAS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NAAS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NAAS has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NAAS is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.