Fujian Tendering Balance Sheet Health
Financial Health criteria checks 5/6
Fujian Tendering has a total shareholder equity of CN¥1.5B and total debt of CN¥86.2M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are CN¥2.2B and CN¥655.4M respectively. Fujian Tendering's EBIT is CN¥86.4M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥1.3B.
Key information
5.7%
Debt to equity ratio
CN¥86.17m
Debt
Interest coverage ratio | -8.2x |
Cash | CN¥1.30b |
Equity | CN¥1.52b |
Total liabilities | CN¥655.40m |
Total assets | CN¥2.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301136's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥614.2M).
Long Term Liabilities: 301136's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥41.2M).
Debt to Equity History and Analysis
Debt Level: 301136 has more cash than its total debt.
Reducing Debt: 301136's debt to equity ratio has increased from 0.9% to 5.7% over the past 5 years.
Debt Coverage: 301136's debt is well covered by operating cash flow (57.3%).
Interest Coverage: 301136 earns more interest than it pays, so coverage of interest payments is not a concern.