Fujian Nanping Sun Cable Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Nanping Sun Cable has a total shareholder equity of CN¥2.4B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 108.9%. Its total assets and total liabilities are CN¥6.4B and CN¥4.0B respectively. Fujian Nanping Sun Cable's EBIT is CN¥244.7M making its interest coverage ratio 7.1. It has cash and short-term investments of CN¥671.4M.
Key information
108.9%
Debt to equity ratio
CN¥2.56b
Debt
Interest coverage ratio | 7.1x |
Cash | CN¥671.36m |
Equity | CN¥2.35b |
Total liabilities | CN¥4.05b |
Total assets | CN¥6.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002300's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.9B).
Long Term Liabilities: 002300's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002300's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: 002300's debt to equity ratio has reduced from 136.7% to 108.9% over the past 5 years.
Debt Coverage: 002300's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 002300's interest payments on its debt are well covered by EBIT (7.1x coverage).