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¥293.3M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are CN¥4.1B and CN¥732.7M respectively. FIYTA Precision Technology's EBIT is CN¥408.7M making its interest coverage ratio 57.5. It has cash and short-term investments of CN¥429.1M.
Key information
8.6%
Debt to equity ratio
CN¥293.27m
Debt
Interest coverage ratio | 57.5x |
Cash | CN¥429.13m |
Equity | CN¥3.40b |
Total liabilities | CN¥732.67m |
Total assets | CN¥4.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 200026's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥682.4M).
Long Term Liabilities: 200026's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥50.3M).
Debt to Equity History and Analysis
Debt Level: 200026 has more cash than its total debt.
Reducing Debt: 200026's debt to equity ratio has reduced from 21.3% to 8.6% over the past 5 years.
Debt Coverage: 200026's debt is well covered by operating cash flow (188%).
Interest Coverage: 200026's interest payments on its debt are well covered by EBIT (57.5x coverage).