Foshan Electrical and LightingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Foshan Electrical and LightingLtd has a total shareholder equity of CN¥10.0B and total debt of CN¥447.1M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥17.3B and CN¥7.3B respectively. Foshan Electrical and LightingLtd's EBIT is CN¥206.7M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥3.2B.
Key information
4.5%
Debt to equity ratio
CN¥447.14m
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥3.22b |
| Equity | CN¥10.00b |
| Total liabilities | CN¥7.32b |
| Total assets | CN¥17.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200541's short term assets (CN¥9.1B) exceed its short term liabilities (CN¥6.8B).
Long Term Liabilities: 200541's short term assets (CN¥9.1B) exceed its long term liabilities (CN¥561.6M).
Debt to Equity History and Analysis
Debt Level: 200541 has more cash than its total debt.
Reducing Debt: 200541's debt to equity ratio has increased from 0% to 4.5% over the past 5 years.
Debt Coverage: 200541's debt is well covered by operating cash flow (221.8%).
Interest Coverage: 200541 earns more interest than it pays, so coverage of interest payments is not a concern.