Shenzhen Fuanna Bedding and FurnishingLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Fuanna Bedding and FurnishingLtd has a total shareholder equity of CN¥4.0B and total debt of CN¥94.2M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥4.9B and CN¥917.6M respectively. Shenzhen Fuanna Bedding and FurnishingLtd's EBIT is CN¥675.9M making its interest coverage ratio -22.8. It has cash and short-term investments of CN¥1.4B.
Key information
2.4%
Debt to equity ratio
CN¥94.23m
Debt
Interest coverage ratio | -22.8x |
Cash | CN¥1.37b |
Equity | CN¥3.98b |
Total liabilities | CN¥917.56m |
Total assets | CN¥4.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002327's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥783.7M).
Long Term Liabilities: 002327's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥133.9M).
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 reduced from 2.8% to 2.4% over the past 5 years.
Debt Coverage: 002327's debt is well covered by operating cash flow (769.6%).
Interest Coverage: 002327 earns more interest than it pays, so coverage of interest payments is not a concern.