Fujian Nebula Electronics Balance Sheet Health
Financial Health criteria checks 2/6
Fujian Nebula Electronics has a total shareholder equity of CN¥817.7M and total debt of CN¥810.4M, which brings its debt-to-equity ratio to 99.1%. Its total assets and total liabilities are CN¥2.2B and CN¥1.4B respectively.
Key information
99.1%
Debt to equity ratio
CN¥810.42m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥158.34m |
| Equity | CN¥817.72m |
| Total liabilities | CN¥1.37b |
| Total assets | CN¥2.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300648's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300648's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥106.2M).
Debt to Equity History and Analysis
Debt Level: 300648's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: 300648's debt to equity ratio has increased from 12.6% to 99.1% over the past 5 years.
Debt Coverage: 300648's debt is well covered by operating cash flow (25.8%).
Interest Coverage: Insufficient data to determine if 300648's interest payments on its debt are well covered by EBIT.