Shenzhen Fuanna Bedding and FurnishingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Fuanna Bedding and FurnishingLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥80.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥4.5B and CN¥850.3M respectively. Shenzhen Fuanna Bedding and FurnishingLtd's EBIT is CN¥581.8M making its interest coverage ratio -14.9. It has cash and short-term investments of CN¥827.3M.
Key information
2.2%
Debt to equity ratio
CN¥80.00m
Debt
| Interest coverage ratio | -14.9x |
| Cash | CN¥827.33m |
| Equity | CN¥3.63b |
| Total liabilities | CN¥850.32m |
| Total assets | CN¥4.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002327's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥681.1M).
Long Term Liabilities: 002327's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥169.2M).
Debt to Equity History and Analysis
Debt Level: 002327 has more cash than its total debt.
Reducing Debt: 002327's debt to equity ratio has increased from 1.5% to 2.2% over the past 5 years.
Debt Coverage: 002327's debt is well covered by operating cash flow (504.2%).
Interest Coverage: 002327 earns more interest than it pays, so coverage of interest payments is not a concern.