Shenzhen FRD Science & Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen FRD Science & Technology has a total shareholder equity of CN¥3.9B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are CN¥7.6B and CN¥3.7B respectively. Shenzhen FRD Science & Technology's EBIT is CN¥212.5M making its interest coverage ratio 11.2. It has cash and short-term investments of CN¥1.4B.
Key information
38.6%
Debt to equity ratio
CN¥1.50b
Debt
| Interest coverage ratio | 11.2x |
| Cash | CN¥1.37b |
| Equity | CN¥3.89b |
| Total liabilities | CN¥3.70b |
| Total assets | CN¥7.59b |
Recent financial health updates
We Think Shenzhen FRD Science & Technology (SZSE:300602) Can Stay On Top Of Its Debt
Nov 18
Is Shenzhen FRD Science & Technology (SZSE:300602) A Risky Investment?
Aug 15These 4 Measures Indicate That Shenzhen FRD Science & Technology (SZSE:300602) Is Using Debt Extensively
Feb 27Recent updates
We Think Shenzhen FRD Science & Technology (SZSE:300602) Can Stay On Top Of Its Debt
Nov 18Market Participants Recognise Shenzhen FRD Science & Technology Co., Ltd.'s (SZSE:300602) Earnings
Oct 06Shenzhen FRD Science & Technology's (SZSE:300602) Earnings Offer More Than Meets The Eye
Aug 26Is Shenzhen FRD Science & Technology (SZSE:300602) A Risky Investment?
Aug 15Here's What's Concerning About Shenzhen FRD Science & Technology's (SZSE:300602) Returns On Capital
Jul 01Returns On Capital At Shenzhen FRD Science & Technology (SZSE:300602) Paint A Concerning Picture
Mar 25Investors Still Aren't Entirely Convinced By Shenzhen FRD Science & Technology Co., Ltd.'s (SZSE:300602) Revenues Despite 34% Price Jump
Mar 01These 4 Measures Indicate That Shenzhen FRD Science & Technology (SZSE:300602) Is Using Debt Extensively
Feb 27Financial Position Analysis
Short Term Liabilities: 300602's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 300602's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥792.4M).
Debt to Equity History and Analysis
Debt Level: 300602's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 300602's debt to equity ratio has increased from 16.9% to 38.6% over the past 5 years.
Debt Coverage: 300602's debt is well covered by operating cash flow (22%).
Interest Coverage: 300602's interest payments on its debt are well covered by EBIT (11.2x coverage).