Jiangsu Feymer Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Feymer Technology has a total shareholder equity of CN¥1.6B and total debt of CN¥442.0M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are CN¥2.4B and CN¥877.2M respectively. Jiangsu Feymer Technology's EBIT is CN¥20.9M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥582.8M.
Key information
28.3%
Debt to equity ratio
CN¥442.00m
Debt
Interest coverage ratio | 1.4x |
Cash | CN¥582.75m |
Equity | CN¥1.56b |
Total liabilities | CN¥877.20m |
Total assets | CN¥2.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688350's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥475.3M).
Long Term Liabilities: 688350's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥401.9M).
Debt to Equity History and Analysis
Debt Level: 688350 has more cash than its total debt.
Reducing Debt: 688350's debt to equity ratio has increased from 15.5% to 28.3% over the past 5 years.
Debt Coverage: 688350's debt is well covered by operating cash flow (42.3%).
Interest Coverage: 688350's interest payments on its debt are not well covered by EBIT (1.4x coverage).