Foryou Balance Sheet Health
Financial Health criteria checks 5/6
Foryou has a total shareholder equity of CN¥6.1B and total debt of CN¥66.3M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥9.8B and CN¥3.7B respectively. Foryou's EBIT is CN¥535.0M making its interest coverage ratio -40.7. It has cash and short-term investments of CN¥1.5B.
Key information
1.1%
Debt to equity ratio
CN¥66.30m
Debt
Interest coverage ratio | -40.7x |
Cash | CN¥1.51b |
Equity | CN¥6.15b |
Total liabilities | CN¥3.66b |
Total assets | CN¥9.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002906's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002906's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥282.8M).
Debt to Equity History and Analysis
Debt Level: 002906 has more cash than its total debt.
Reducing Debt: 002906's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: 002906's debt is well covered by operating cash flow (804.6%).
Interest Coverage: 002906 earns more interest than it pays, so coverage of interest payments is not a concern.