Fujian Jinsen ForestryLtd Balance Sheet Health
Financial Health criteria checks 2/6
Fujian Jinsen ForestryLtd has a total shareholder equity of CN¥740.8M and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 161.8%. Its total assets and total liabilities are CN¥2.0B and CN¥1.3B respectively. Fujian Jinsen ForestryLtd's EBIT is CN¥54.8M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥190.9M.
Key information
161.8%
Debt to equity ratio
CN¥1.20b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥190.93m |
| Equity | CN¥740.85m |
| Total liabilities | CN¥1.25b |
| Total assets | CN¥1.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002679's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥240.5M).
Long Term Liabilities: 002679's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002679's net debt to equity ratio (136%) is considered high.
Reducing Debt: 002679's debt to equity ratio has increased from 112% to 161.8% over the past 5 years.
Debt Coverage: 002679's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 002679's interest payments on its debt are not well covered by EBIT (1.1x coverage).