Feilong Auto Components Balance Sheet Health
Financial Health criteria checks 6/6
Feilong Auto Components has a total shareholder equity of CN¥3.2B and total debt of CN¥229.7M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥5.0B and CN¥1.8B respectively. Feilong Auto Components's EBIT is CN¥244.3M making its interest coverage ratio -60.2. It has cash and short-term investments of CN¥1.0B.
Key information
7.1%
Debt to equity ratio
CN¥229.69m
Debt
Interest coverage ratio | -60.2x |
Cash | CN¥1.02b |
Equity | CN¥3.21b |
Total liabilities | CN¥1.79b |
Total assets | CN¥5.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002536's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002536's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥317.4M).
Debt to Equity History and Analysis
Debt Level: 002536 has more cash than its total debt.
Reducing Debt: 002536's debt to equity ratio has reduced from 23.7% to 7.1% over the past 5 years.
Debt Coverage: 002536's debt is well covered by operating cash flow (141%).
Interest Coverage: 002536 earns more interest than it pays, so coverage of interest payments is not a concern.