Sichuan Furong Technology Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Furong Technology has a total shareholder equity of CN¥2.0B and total debt of CN¥818.3M, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are CN¥3.3B and CN¥1.3B respectively. Sichuan Furong Technology's EBIT is CN¥276.5M making its interest coverage ratio -119.9. It has cash and short-term investments of CN¥650.9M.
Key information
41.0%
Debt to equity ratio
CN¥818.32m
Debt
Interest coverage ratio | -119.9x |
Cash | CN¥650.94m |
Equity | CN¥1.99b |
Total liabilities | CN¥1.32b |
Total assets | CN¥3.31b |
Recent financial health updates
No updates
Recent updates
What 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¥1.5B) exceed its short term liabilities (CN¥490.8M).
Long Term Liabilities: 603327's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥829.2M).
Debt to Equity History and Analysis
Debt Level: 603327's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 603327's debt to equity ratio has reduced from 50.6% to 41% over the past 5 years.
Debt Coverage: 603327's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 603327 earns more interest than it pays, so coverage of interest payments is not a concern.