Fujian SBS Zipper Science&Technology Balance Sheet Health
Financial Health criteria checks 6/6
Fujian SBS Zipper Science&Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥212.9M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are CN¥1.9B and CN¥655.3M respectively. Fujian SBS Zipper Science&Technology's EBIT is CN¥184.2M making its interest coverage ratio -196.2. It has cash and short-term investments of CN¥279.8M.
Key information
17.7%
Debt to equity ratio
CN¥212.92m
Debt
| Interest coverage ratio | -196.2x |
| Cash | CN¥279.85m |
| Equity | CN¥1.20b |
| Total liabilities | CN¥655.27m |
| Total assets | CN¥1.86b |
Recent financial health updates
No updates
Recent updates
Fujian SBS Zipper Science&Technology's (SZSE:002098) Strong Earnings Are Of Good Quality
May 03
Fujian SBS Zipper Science&Technology (SZSE:002098) Hasn't Managed To Accelerate Its Returns
Apr 17There's No Escaping Fujian SBS Zipper Science&Technology Co., Ltd's (SZSE:002098) Muted Earnings Despite A 25% Share Price Rise
Mar 08Financial Position Analysis
Short Term Liabilities: 002098's short term assets (CN¥972.4M) exceed its short term liabilities (CN¥599.4M).
Long Term Liabilities: 002098's short term assets (CN¥972.4M) exceed its long term liabilities (CN¥55.8M).
Debt to Equity History and Analysis
Debt Level: 002098 has more cash than its total debt.
Reducing Debt: 002098's debt to equity ratio has reduced from 132.4% to 17.7% over the past 5 years.
Debt Coverage: 002098's debt is well covered by operating cash flow (104.5%).
Interest Coverage: 002098 earns more interest than it pays, so coverage of interest payments is not a concern.