Shanghai Flyco Electrical Appliance Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Flyco Electrical Appliance has a total shareholder equity of CN¥3.0B and total debt of CN¥430.0M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are CN¥4.2B and CN¥1.2B respectively. Shanghai Flyco Electrical Appliance's EBIT is CN¥616.9M making its interest coverage ratio -35.9. It has cash and short-term investments of CN¥1.6B.
Key information
14.2%
Debt to equity ratio
CN¥430.00m
Debt
| Interest coverage ratio | -35.9x |
| Cash | CN¥1.62b |
| Equity | CN¥3.04b |
| Total liabilities | CN¥1.19b |
| Total assets | CN¥4.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603868's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603868's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥101.3M).
Debt to Equity History and Analysis
Debt Level: 603868 has more cash than its total debt.
Reducing Debt: 603868's debt to equity ratio has increased from 0% to 14.2% over the past 5 years.
Debt Coverage: 603868's debt is well covered by operating cash flow (92.4%).
Interest Coverage: 603868 earns more interest than it pays, so coverage of interest payments is not a concern.