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¥89.9M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥1.7B and CN¥590.8M respectively.
Key information
8.1%
Debt to equity ratio
CN¥89.92m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥167.03m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥590.77m |
| Total assets | CN¥1.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600493's short term assets (CN¥688.4M) exceed its short term liabilities (CN¥540.8M).
Long Term Liabilities: 600493's short term assets (CN¥688.4M) exceed its long term liabilities (CN¥49.9M).
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 29.6% to 8.1% over the past 5 years.
Debt Coverage: 600493's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: Insufficient data to determine if 600493's interest payments on its debt are well covered by EBIT.