Sichuan Furong Technology Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Furong Technology has a total shareholder equity of CN¥2.1B and total debt of CN¥823.9M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are CN¥3.4B and CN¥1.3B respectively. Sichuan Furong Technology's EBIT is CN¥252.3M making its interest coverage ratio -1773.1. It has cash and short-term investments of CN¥705.3M.
Key information
40.0%
Debt to equity ratio
CN¥823.86m
Debt
Interest coverage ratio | -1773.1x |
Cash | CN¥705.25m |
Equity | CN¥2.06b |
Total liabilities | CN¥1.31b |
Total assets | CN¥3.37b |
Recent financial health updates
Recent updates
Some 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¥1.6B) exceed its short term liabilities (CN¥498.9M).
Long Term Liabilities: 603327's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥816.0M).
Debt to Equity History and Analysis
Debt Level: 603327's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 603327's debt to equity ratio has reduced from 53.3% to 40% over the past 5 years.
Debt Coverage: 603327's debt is well covered by operating cash flow (24.6%).
Interest Coverage: 603327 earns more interest than it pays, so coverage of interest payments is not a concern.