Mianyang Fulin PrecisionLtd Balance Sheet Health
Financial Health criteria checks 4/6
Mianyang Fulin PrecisionLtd has a total shareholder equity of CN¥4.2B and total debt of CN¥910.0M, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are CN¥9.8B and CN¥5.6B respectively. Mianyang Fulin PrecisionLtd's EBIT is CN¥254.2M making its interest coverage ratio 2.8. It has cash and short-term investments of CN¥1.9B.
Key information
21.7%
Debt to equity ratio
CN¥910.01m
Debt
| Interest coverage ratio | 2.8x |
| Cash | CN¥1.89b |
| Equity | CN¥4.19b |
| Total liabilities | CN¥5.59b |
| Total assets | CN¥9.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300432's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 300432's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 300432 has more cash than its total debt.
Reducing Debt: 300432's debt to equity ratio has increased from 17.6% to 21.7% over the past 5 years.
Debt Coverage: 300432's debt is well covered by operating cash flow (74.5%).
Interest Coverage: 300432's interest payments on its debt are not well covered by EBIT (2.8x coverage).