Hubei Feilihua Quartz Glass Balance Sheet Health
Financial Health criteria checks 4/6
Hubei Feilihua Quartz Glass has a total shareholder equity of CN¥4.6B and total debt of CN¥412.7M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are CN¥6.1B and CN¥1.5B respectively. Hubei Feilihua Quartz Glass's EBIT is CN¥506.1M making its interest coverage ratio -36.4. It has cash and short-term investments of CN¥970.9M.
Key information
9.0%
Debt to equity ratio
CN¥412.66m
Debt
| Interest coverage ratio | -36.4x |
| Cash | CN¥970.87m |
| Equity | CN¥4.58b |
| Total liabilities | CN¥1.50b |
| Total assets | CN¥6.08b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300395's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 300395's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥396.1M).
Debt to Equity History and Analysis
Debt Level: 300395 has more cash than its total debt.
Reducing Debt: 300395's debt to equity ratio has increased from 0.5% to 9% over the past 5 years.
Debt Coverage: 300395's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 300395 earns more interest than it pays, so coverage of interest payments is not a concern.