Shenzhen Fountain Balance Sheet Health
Financial Health criteria checks 4/6
Shenzhen Fountain has a total shareholder equity of CN¥1.3B and total debt of CN¥105.3M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥2.5B and CN¥1.2B respectively.
Key information
8.1%
Debt to equity ratio
CN¥105.25m
Debt
Interest coverage ratio | n/a |
Cash | CN¥47.38m |
Equity | CN¥1.30b |
Total liabilities | CN¥1.24b |
Total assets | CN¥2.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000005's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥756.5M).
Long Term Liabilities: 000005's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥487.3M).
Debt to Equity History and Analysis
Debt Level: 000005's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: 000005's debt to equity ratio has reduced from 42.2% to 8.1% over the past 5 years.
Debt Coverage: 000005's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000005's interest payments on its debt are well covered by EBIT.