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¥10.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥2.3B and CN¥270.8M respectively.
Key information
0.5%
Debt to equity ratio
CN¥10.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥824.18m |
| Equity | CN¥2.07b |
| Total liabilities | CN¥270.77m |
| Total assets | CN¥2.34b |
Financial Position Analysis
Short Term Liabilities: 301100's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥256.4M).
Long Term Liabilities: 301100's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥14.4M).
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 10.2% to 0.5% 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.