Focus Hotmelt Balance Sheet Health
Financial Health criteria checks 6/6
Focus Hotmelt has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥364.0M respectively. Focus Hotmelt's EBIT is CN¥129.9M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥532.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.8x |
| Cash | CN¥532.53m |
| Equity | CN¥1.52b |
| Total liabilities | CN¥364.05m |
| Total assets | CN¥1.88b |
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¥362.7M).
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 is debt free.
Reducing Debt: 301283 has no debt compared to 5 years ago when its debt to equity ratio was 3.4%.
Debt Coverage: 301283 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301283 has no debt, therefore coverage of interest payments is not a concern.