China Fangda Group Balance Sheet Health
Financial Health criteria checks 4/6
China Fangda Group has a total shareholder equity of CN¥6.1B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥13.4B and CN¥7.3B respectively. China Fangda Group's EBIT is CN¥355.3M making its interest coverage ratio 7.2. It has cash and short-term investments of CN¥1.3B.
Key information
53.4%
Debt to equity ratio
CN¥3.27b
Debt
Interest coverage ratio | 7.2x |
Cash | CN¥1.34b |
Equity | CN¥6.11b |
Total liabilities | CN¥7.30b |
Total assets | CN¥13.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200055's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 200055's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥2.0B).
Debt to Equity History and Analysis
Debt Level: 200055's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: 200055's debt to equity ratio has increased from 43.2% to 53.4% over the past 5 years.
Debt Coverage: 200055's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 200055's interest payments on its debt are well covered by EBIT (7.2x coverage).