FESCO Group Balance Sheet Health
Financial Health criteria checks 5/6
FESCO Group has a total shareholder equity of CN¥7.0B and total debt of CN¥595.4M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are CN¥16.4B and CN¥9.4B respectively. FESCO Group's EBIT is CN¥830.1M making its interest coverage ratio -11.9. It has cash and short-term investments of CN¥7.3B.
Key information
8.5%
Debt to equity ratio
CN¥595.37m
Debt
Interest coverage ratio | -11.9x |
Cash | CN¥7.30b |
Equity | CN¥6.98b |
Total liabilities | CN¥9.43b |
Total assets | CN¥16.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600861's short term assets (CN¥15.2B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 600861's short term assets (CN¥15.2B) exceed its long term liabilities (CN¥224.1M).
Debt to Equity History and Analysis
Debt Level: 600861 has more cash than its total debt.
Reducing Debt: 600861's debt to equity ratio has reduced from 23.4% to 8.5% over the past 5 years.
Debt Coverage: 600861's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600861 earns more interest than it pays, so coverage of interest payments is not a concern.