Yingkou Fengguang Advanced MaterialLtd Balance Sheet Health
Financial Health criteria checks 4/6
Yingkou Fengguang Advanced MaterialLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥72.8M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥2.5B and CN¥410.4M respectively.
Key information
3.5%
Debt to equity ratio
CN¥72.75m
Debt
Interest coverage ratio | n/a |
Cash | CN¥879.15m |
Equity | CN¥2.11b |
Total liabilities | CN¥410.43m |
Total assets | CN¥2.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301100's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥385.2M).
Long Term Liabilities: 301100's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥25.3M).
Debt to Equity History and Analysis
Debt Level: 301100 has more cash than its total debt.
Reducing Debt: 301100's debt to equity ratio has reduced from 10.5% to 3.5% over the past 5 years.
Debt Coverage: 301100's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301100's interest payments on its debt are well covered by EBIT.