Fujian South Highway Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Fujian South Highway Machinery has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥775.2M respectively. Fujian South Highway Machinery's EBIT is CN¥107.9M making its interest coverage ratio -6. It has cash and short-term investments of CN¥932.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -6x |
Cash | CN¥932.40m |
Equity | CN¥1.26b |
Total liabilities | CN¥775.18m |
Total assets | CN¥2.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603280's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥761.4M).
Long Term Liabilities: 603280's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥13.8M).
Debt to Equity History and Analysis
Debt Level: 603280 is debt free.
Reducing Debt: 603280 had no debt 5 years ago.
Debt Coverage: 603280 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603280 has no debt, therefore coverage of interest payments is not a concern.