Jiangsu Feymer Technology Balance Sheet Health
Financial Health criteria checks 4/6
Jiangsu Feymer Technology has a total shareholder equity of CN¥1.5B and total debt of CN¥544.8M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are CN¥2.5B and CN¥998.8M respectively. Jiangsu Feymer Technology's EBIT is CN¥4.0M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥512.7M.
Key information
36.0%
Debt to equity ratio
CN¥544.76m
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥512.73m |
| Equity | CN¥1.52b |
| Total liabilities | CN¥998.78m |
| Total assets | CN¥2.51b |
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¥465.9M).
Long Term Liabilities: 688350's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥532.9M).
Debt to Equity History and Analysis
Debt Level: 688350's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 688350's debt to equity ratio has increased from 11.3% to 36% over the past 5 years.
Debt Coverage: 688350's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 688350's interest payments on its debt are not well covered by EBIT (0.2x coverage).