Fujian Septwolves Industry Balance Sheet Health
Financial Health criteria checks 5/6
Fujian Septwolves Industry has a total shareholder equity of CN¥6.7B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are CN¥10.2B and CN¥3.5B respectively. Fujian Septwolves Industry's EBIT is CN¥85.6M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥2.0B.
Key information
23.2%
Debt to equity ratio
CN¥1.55b
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥2.02b |
Equity | CN¥6.68b |
Total liabilities | CN¥3.51b |
Total assets | CN¥10.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002029's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002029's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥201.7M).
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 10.6% to 23.2% over the past 5 years.
Debt Coverage: 002029's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 002029 earns more interest than it pays, so coverage of interest payments is not a concern.