Fujian Supertch Advanced MaterialLtd Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Supertch Advanced MaterialLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥424.1M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are CN¥1.9B and CN¥734.9M respectively. Fujian Supertch Advanced MaterialLtd's EBIT is CN¥143.2M making its interest coverage ratio -95.7. It has cash and short-term investments of CN¥529.3M.
Key information
37.0%
Debt to equity ratio
CN¥424.12m
Debt
Interest coverage ratio | -95.7x |
Cash | CN¥529.26m |
Equity | CN¥1.15b |
Total liabilities | CN¥734.89m |
Total assets | CN¥1.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688398's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥289.4M).
Long Term Liabilities: 688398's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥445.5M).
Debt to Equity History and Analysis
Debt Level: 688398 has more cash than its total debt.
Reducing Debt: 688398's debt to equity ratio has increased from 14.5% to 37% over the past 5 years.
Debt Coverage: 688398's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 688398 earns more interest than it pays, so coverage of interest payments is not a concern.