Der Future Science and Technology Holding Group Balance Sheet Health
Financial Health criteria checks 4/6
Der Future Science and Technology Holding Group has a total shareholder equity of CN¥1.8B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are CN¥4.1B and CN¥2.3B respectively. Der Future Science and Technology Holding Group's EBIT is CN¥32.6M making its interest coverage ratio 8.8. It has cash and short-term investments of CN¥1.4B.
Key information
56.2%
Debt to equity ratio
CN¥1.00b
Debt
| Interest coverage ratio | 8.8x |
| Cash | CN¥1.41b |
| Equity | CN¥1.79b |
| Total liabilities | CN¥2.33b |
| Total assets | CN¥4.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002631's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002631's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥764.8M).
Debt to Equity History and Analysis
Debt Level: 002631 has more cash than its total debt.
Reducing Debt: 002631's debt to equity ratio has increased from 3.4% to 56.2% over the past 5 years.
Debt Coverage: 002631's debt is not well covered by operating cash flow (15%).
Interest Coverage: 002631's interest payments on its debt are well covered by EBIT (8.8x coverage).