Fujian Nanping Sun Cable Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Nanping Sun Cable has a total shareholder equity of CN¥2.3B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 141.7%. Its total assets and total liabilities are CN¥6.7B and CN¥4.4B respectively. Fujian Nanping Sun Cable's EBIT is CN¥176.2M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥1.1B.
Key information
141.7%
Debt to equity ratio
CN¥3.29b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CN¥1.08b |
| Equity | CN¥2.32b |
| Total liabilities | CN¥4.41b |
| Total assets | CN¥6.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002300's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002300's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002300's net debt to equity ratio (95%) is considered high.
Reducing Debt: 002300's debt to equity ratio has reduced from 144.4% to 141.7% over the past 5 years.
Debt Coverage: 002300's debt is not well covered by operating cash flow (18%).
Interest Coverage: 002300's interest payments on its debt are well covered by EBIT (4.9x coverage).