FIYTA Precision Technology Balance Sheet Health
Financial Health criteria checks 6/6
FIYTA Precision Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥220.2M, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are CN¥4.1B and CN¥732.7M respectively. FIYTA Precision Technology's EBIT is CN¥411.9M making its interest coverage ratio 63.7. It has cash and short-term investments of CN¥429.1M.
Key information
6.5%
Debt to equity ratio
CN¥220.16m
Debt
Interest coverage ratio | 63.7x |
Cash | CN¥429.13m |
Equity | CN¥3.40b |
Total liabilities | CN¥732.67m |
Total assets | CN¥4.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000026's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥682.4M).
Long Term Liabilities: 000026's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥50.3M).
Debt to Equity History and Analysis
Debt Level: 000026 has more cash than its total debt.
Reducing Debt: 000026's debt to equity ratio has reduced from 21.3% to 6.5% over the past 5 years.
Debt Coverage: 000026's debt is well covered by operating cash flow (250.4%).
Interest Coverage: 000026's interest payments on its debt are well covered by EBIT (63.7x coverage).