Shanghai Feilo AcousticsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Feilo AcousticsLtd has a total shareholder equity of CN¥2.5B and total debt of CN¥894.7M, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are CN¥4.2B and CN¥1.7B respectively.
Key information
35.7%
Debt to equity ratio
CN¥894.66m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.02b |
Equity | CN¥2.51b |
Total liabilities | CN¥1.68b |
Total assets | CN¥4.19b |
Financial Position Analysis
Short Term Liabilities: 600651's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥941.0M).
Long Term Liabilities: 600651's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥738.8M).
Debt to Equity History and Analysis
Debt Level: 600651 has more cash than its total debt.
Reducing Debt: 600651's debt to equity ratio has reduced from 3244.8% to 35.7% over the past 5 years.
Debt Coverage: 600651's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: Insufficient data to determine if 600651's interest payments on its debt are well covered by EBIT.