FESCO Group Balance Sheet Health
Financial Health criteria checks 6/6
FESCO Group has a total shareholder equity of CN¥7.3B and total debt of CN¥330.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥17.1B and CN¥9.8B respectively. FESCO Group's EBIT is CN¥1.2B making its interest coverage ratio -14.3. It has cash and short-term investments of CN¥7.4B.
Key information
4.5%
Debt to equity ratio
CN¥330.00m
Debt
| Interest coverage ratio | -14.3x |
| Cash | CN¥7.39b |
| Equity | CN¥7.26b |
| Total liabilities | CN¥9.81b |
| Total assets | CN¥17.07b |
Recent financial health updates
We Think FESCO Group (SHSE:600861) Can Stay On Top Of Its Debt
Oct 15
Is FESCO Group (SHSE:600861) A Risky Investment?
May 23Recent updates
We Like These Underlying Return On Capital Trends At FESCO Group (SHSE:600861)
Nov 17We Think FESCO Group (SHSE:600861) Can Stay On Top Of Its Debt
Oct 15FESCO Group Co., Ltd. (SHSE:600861) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Sep 27There May Be Underlying Issues With The Quality Of FESCO Group's (SHSE:600861) Earnings
Aug 31FESCO Group Co., Ltd.'s (SHSE:600861) Revenues Are Not Doing Enough For Some Investors
Jul 31Returns On Capital Are Showing Encouraging Signs At FESCO Group (SHSE:600861)
Jul 12Is FESCO Group (SHSE:600861) A Risky Investment?
May 23Financial Position Analysis
Short Term Liabilities: 600861's short term assets (CN¥15.7B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 600861's short term assets (CN¥15.7B) exceed its long term liabilities (CN¥245.9M).
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 21% to 4.5% over the past 5 years.
Debt Coverage: 600861's debt is well covered by operating cash flow (155.5%).
Interest Coverage: 600861 earns more interest than it pays, so coverage of interest payments is not a concern.