Fujian Tianma Science and Technology Group Balance Sheet Health
Financial Health criteria checks 1/6
Fujian Tianma Science and Technology Group has a total shareholder equity of CN¥2.7B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are CN¥9.1B and CN¥6.4B respectively.
Key information
106.6%
Debt to equity ratio
CN¥2.83b
Debt
Interest coverage ratio | n/a |
Cash | CN¥512.24m |
Equity | CN¥2.66b |
Total liabilities | CN¥6.40b |
Total assets | CN¥9.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603668's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥4.9B).
Long Term Liabilities: 603668's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 603668's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: 603668's debt to equity ratio has increased from 30.6% to 106.6% over the past 5 years.
Debt Coverage: 603668's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: Insufficient data to determine if 603668's interest payments on its debt are well covered by EBIT.