Foshan Electrical and LightingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Foshan Electrical and LightingLtd has a total shareholder equity of CN¥9.8B and total debt of CN¥776.0M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CN¥17.1B and CN¥7.3B respectively. Foshan Electrical and LightingLtd's EBIT is CN¥217.3M making its interest coverage ratio -3.7. It has cash and short-term investments of CN¥2.8B.
Key information
7.9%
Debt to equity ratio
CN¥776.00m
Debt
| Interest coverage ratio | -3.7x |
| Cash | CN¥2.81b |
| Equity | CN¥9.79b |
| Total liabilities | CN¥7.28b |
| Total assets | CN¥17.07b |
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¥527.2M).
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 7.9% over the past 5 years.
Debt Coverage: 200541's debt is well covered by operating cash flow (150.9%).
Interest Coverage: 200541 earns more interest than it pays, so coverage of interest payments is not a concern.