Founder Securities Balance Sheet Health
Financial Health criteria checks 3/6
Founder Securities has a total shareholder equity of CN¥47.0B and total debt of CN¥114.7B, which brings its debt-to-equity ratio to 243.9%. Its total assets and total liabilities are CN¥230.7B and CN¥183.7B respectively.
Key information
243.9%
Debt to equity ratio
CN¥114.71b
Debt
Interest coverage ratio | n/a |
Cash | CN¥127.20b |
Equity | CN¥47.04b |
Total liabilities | CN¥183.69b |
Total assets | CN¥230.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601901's short term assets (CN¥176.8B) exceed its short term liabilities (CN¥142.9B).
Long Term Liabilities: 601901's short term assets (CN¥176.8B) exceed its long term liabilities (CN¥40.8B).
Debt to Equity History and Analysis
Debt Level: 601901 has more cash than its total debt.
Reducing Debt: 601901's debt to equity ratio has increased from 138.5% to 243.9% over the past 5 years.
Debt Coverage: 601901's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601901's interest payments on its debt are well covered by EBIT.