Fujian Fynex Textile Science & Technology Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Fynex Textile Science & Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥200.1M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are CN¥1.8B and CN¥702.0M respectively.
Key information
17.6%
Debt to equity ratio
CN¥200.06m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥263.35m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥702.00m |
| Total assets | CN¥1.84b |
Recent financial health updates
No updates
Recent updates
We Think Shareholders Should Be Aware Of Some Factors Beyond Fujian Fynex Textile Science & Technology's (SHSE:600493) Profit
Nov 05
Fujian Fynex Textile Science & Technology's (SHSE:600493) Earnings Are Built On Soft Foundations
Apr 05Market Cool On Fujian Fynex Textile Science & Technology Co., Ltd.'s (SHSE:600493) Earnings
Mar 12Financial Position Analysis
Short Term Liabilities: 600493's short term assets (CN¥858.9M) exceed its short term liabilities (CN¥638.5M).
Long Term Liabilities: 600493's short term assets (CN¥858.9M) exceed its long term liabilities (CN¥63.5M).
Debt to Equity History and Analysis
Debt Level: 600493 has more cash than its total debt.
Reducing Debt: 600493's debt to equity ratio has reduced from 35.7% to 17.6% over the past 5 years.
Debt Coverage: 600493's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600493's interest payments on its debt are well covered by EBIT.