Focused Photonics (Hangzhou) Balance Sheet Health
Financial Health criteria checks 2/6
Focused Photonics (Hangzhou) has a total shareholder equity of CN¥3.1B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 118%. Its total assets and total liabilities are CN¥9.5B and CN¥6.4B respectively.
Key information
118.0%
Debt to equity ratio
CN¥3.67b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.09b |
Equity | CN¥3.11b |
Total liabilities | CN¥6.40b |
Total assets | CN¥9.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300203's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 300203's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 300203's net debt to equity ratio (82.8%) is considered high.
Reducing Debt: 300203's debt to equity ratio has increased from 62.1% to 118% over the past 5 years.
Debt Coverage: 300203's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: Insufficient data to determine if 300203's interest payments on its debt are well covered by EBIT.