Fujian Cement Balance Sheet Health
Financial Health criteria checks 1/6
Fujian Cement has a total shareholder equity of CN¥1.1B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 161.2%. Its total assets and total liabilities are CN¥3.9B and CN¥2.8B respectively.
Key information
161.2%
Debt to equity ratio
CN¥1.77b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥165.57m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥2.76b |
| Total assets | CN¥3.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600802's short term assets (CN¥479.8M) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 600802's short term assets (CN¥479.8M) exceed its long term liabilities (CN¥419.2M).
Debt to Equity History and Analysis
Debt Level: 600802's net debt to equity ratio (146.1%) is considered high.
Reducing Debt: 600802's debt to equity ratio has increased from 83.9% to 161.2% over the past 5 years.
Debt Coverage: 600802's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600802's interest payments on its debt are well covered by EBIT.