Fulin Precision Balance Sheet Health
Financial Health criteria checks 3/6
Fulin Precision has a total shareholder equity of CN¥4.4B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are CN¥9.4B and CN¥5.0B respectively.
Key information
27.0%
Debt to equity ratio
CN¥1.19b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.09b |
| Equity | CN¥4.40b |
| Total liabilities | CN¥5.02b |
| Total assets | CN¥9.43b |
Recent financial health updates
Is Mianyang Fulin PrecisionLtd (SZSE:300432) Using Debt In A Risky Way?
Oct 28
Is Mianyang Fulin PrecisionLtd (SZSE:300432) Weighed On By Its Debt Load?
Jul 23Recent updates
A Piece Of The Puzzle Missing From Mianyang Fulin Precision Co.,Ltd.'s (SZSE:300432) 31% Share Price Climb
Nov 21Mianyang Fulin PrecisionLtd's (SZSE:300432) Performance Raises Some Questions
Nov 05Is Mianyang Fulin PrecisionLtd (SZSE:300432) Using Debt In A Risky Way?
Oct 28Investors Still Aren't Entirely Convinced By Mianyang Fulin Precision Co.,Ltd.'s (SZSE:300432) Revenues Despite 40% Price Jump
Sep 30Is Mianyang Fulin PrecisionLtd (SZSE:300432) Weighed On By Its Debt Load?
Jul 23Mianyang Fulin Precision Co.,Ltd. (SZSE:300432) Screens Well But There Might Be A Catch
Jun 26The Returns At Mianyang Fulin PrecisionLtd (SZSE:300432) Aren't Growing
Mar 26Mianyang Fulin Precision Co.,Ltd.'s (SZSE:300432) Prospects Need A Boost To Lift Shares
Mar 01Financial Position Analysis
Short Term Liabilities: 300432's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 300432's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥936.6M).
Debt to Equity History and Analysis
Debt Level: 300432's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 300432's debt to equity ratio has increased from 4.2% to 27% over the past 5 years.
Debt Coverage: 300432's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: Insufficient data to determine if 300432's interest payments on its debt are well covered by EBIT.