Sichuan Furong Technology Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Furong Technology has a total shareholder equity of CN¥1.9B and total debt of CN¥907.4M, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are CN¥3.3B and CN¥1.4B respectively. Sichuan Furong Technology's EBIT is CN¥168.0M making its interest coverage ratio 20.5. It has cash and short-term investments of CN¥439.8M.
Key information
48.0%
Debt to equity ratio
CN¥907.38m
Debt
| Interest coverage ratio | 20.5x |
| Cash | CN¥439.75m |
| Equity | CN¥1.89b |
| Total liabilities | CN¥1.37b |
| Total assets | CN¥3.26b |
Recent financial health updates
Does Sichuan Furong Technology (SHSE:603327) Have A Healthy Balance Sheet?
Nov 22
Does Sichuan Furong Technology (SHSE:603327) Have A Healthy Balance Sheet?
Jul 12Recent updates
Does Sichuan Furong Technology (SHSE:603327) Have A Healthy Balance Sheet?
Nov 22Investors Appear Satisfied With Sichuan Furong Technology Co., Ltd.'s (SHSE:603327) Prospects As Shares Rocket 35%
Oct 21Sichuan Furong Technology's (SHSE:603327) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Aug 29Some Investors May Be Worried About Sichuan Furong Technology's (SHSE:603327) Returns On Capital
Aug 08Does Sichuan Furong Technology (SHSE:603327) Have A Healthy Balance Sheet?
Jul 12What You Can Learn From Sichuan Furong Technology Co., Ltd.'s (SHSE:603327) P/EAfter Its 28% Share Price Crash
Apr 22Sichuan Furong Technology (SHSE:603327) Will Want To Turn Around Its Return Trends
Mar 28Sichuan Furong Technology Co., Ltd.'s (SHSE:603327) 27% Share Price Surge Not Quite Adding Up
Mar 01Financial Position Analysis
Short Term Liabilities: 603327's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥510.5M).
Long Term Liabilities: 603327's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥858.7M).
Debt to Equity History and Analysis
Debt Level: 603327's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 603327's debt to equity ratio has increased from 16% to 48% over the past 5 years.
Debt Coverage: 603327's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 603327's interest payments on its debt are well covered by EBIT (20.5x coverage).