Fujian Septwolves Industry Balance Sheet Health
Financial Health criteria checks 3/6
Fujian Septwolves Industry has a total shareholder equity of CN¥6.6B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are CN¥10.3B and CN¥3.6B respectively.
Key information
26.8%
Debt to equity ratio
CN¥1.78b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.25b |
| Equity | CN¥6.64b |
| Total liabilities | CN¥3.65b |
| Total assets | CN¥10.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002029's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 002029's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥224.5M).
Debt to Equity History and Analysis
Debt Level: 002029 has more cash than its total debt.
Reducing Debt: 002029's debt to equity ratio has increased from 21.1% to 26.8% over the past 5 years.
Debt Coverage: 002029's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: Insufficient data to determine if 002029's interest payments on its debt are well covered by EBIT.