Fuxin Dare Automotive Parts Balance Sheet Health
Financial Health criteria checks 4/6
Fuxin Dare Automotive Parts has a total shareholder equity of CN¥1.6B and total debt of CN¥937.6M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are CN¥4.1B and CN¥2.5B respectively. Fuxin Dare Automotive Parts's EBIT is CN¥104.8M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥407.8M.
Key information
60.0%
Debt to equity ratio
CN¥937.60m
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥407.84m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥2.51b |
| Total assets | CN¥4.07b |
Recent financial health updates
No updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Fuxin Dare Automotive Parts (SZSE:300473)
Sep 04
There's No Escaping Fuxin Dare Automotive Parts Co., Ltd.'s (SZSE:300473) Muted Revenues Despite A 26% Share Price Rise
Aug 21A Look At The Intrinsic Value Of Fuxin Dare Automotive Parts Co., Ltd. (SZSE:300473)
Apr 09Financial Position Analysis
Short Term Liabilities: 300473's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300473's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥570.0M).
Debt to Equity History and Analysis
Debt Level: 300473's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: 300473's debt to equity ratio has increased from 46.9% to 60% over the past 5 years.
Debt Coverage: 300473's debt is well covered by operating cash flow (42.9%).
Interest Coverage: 300473's interest payments on its debt are not well covered by EBIT (1.4x coverage).