Focus Hotmelt Balance Sheet Health
Financial Health criteria checks 5/6
Focus Hotmelt has a total shareholder equity of CN¥1.5B and total debt of CN¥37.3M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥1.9B and CN¥324.8M respectively. Focus Hotmelt's EBIT is CN¥105.1M making its interest coverage ratio -8.8. It has cash and short-term investments of CN¥476.9M.
Key information
2.4%
Debt to equity ratio
CN¥37.28m
Debt
| Interest coverage ratio | -8.8x |
| Cash | CN¥476.94m |
| Equity | CN¥1.53b |
| Total liabilities | CN¥324.78m |
| Total assets | CN¥1.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301283's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥323.5M).
Long Term Liabilities: 301283's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥1.3M).
Debt to Equity History and Analysis
Debt Level: 301283 has more cash than its total debt.
Reducing Debt: 301283's debt to equity ratio has reduced from 3.5% to 2.4% over the past 5 years.
Debt Coverage: 301283's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301283 earns more interest than it pays, so coverage of interest payments is not a concern.