Ningbo Fubang Jingye GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Fubang Jingye GroupLtd has a total shareholder equity of CN¥403.9M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥618.6M and CN¥214.8M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥221.47m |
| Equity | CN¥403.86m |
| Total liabilities | CN¥214.76m |
| Total assets | CN¥618.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600768's short term assets (CN¥300.8M) exceed its short term liabilities (CN¥147.4M).
Long Term Liabilities: 600768's short term assets (CN¥300.8M) exceed its long term liabilities (CN¥67.3M).
Debt to Equity History and Analysis
Debt Level: 600768 is debt free.
Reducing Debt: 600768 has no debt compared to 5 years ago when its debt to equity ratio was 14.2%.
Debt Coverage: 600768 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600768 has no debt, therefore coverage of interest payments is not a concern.