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¥1.2B, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are CN¥4.2B and CN¥2.4B respectively. Der Future Science and Technology Holding Group's EBIT is CN¥27.9M making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥1.5B.
Key information
63.2%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥1.49b |
| Equity | CN¥1.83b |
| Total liabilities | CN¥2.35b |
| Total assets | CN¥4.19b |
Recent financial health updates
No updates
Recent updates
Pinning Down Der Future Science and Technology Holding Group Co., Ltd.'s (SZSE:002631) P/S Is Difficult Right Now
Aug 22
We Like Der Future Science and Technology Holding Group's (SZSE:002631) Earnings For More Than Just Statutory Profit
Apr 26Der Future Science and Technology Holding Group Co., Ltd.'s (SZSE:002631) 29% Price Boost Is Out Of Tune With Revenues
Mar 08Financial Position Analysis
Short Term Liabilities: 002631's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002631's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥698.7M).
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 31.6% to 63.2% over the past 5 years.
Debt Coverage: 002631's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002631's interest payments on its debt are well covered by EBIT (4.6x coverage).