FSPG Hi-Tech Balance Sheet Health
Financial Health criteria checks 6/6
FSPG Hi-Tech has a total shareholder equity of CN¥3.5B and total debt of CN¥645.7M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CN¥4.6B and CN¥1.1B respectively. FSPG Hi-Tech's EBIT is CN¥132.7M making its interest coverage ratio 26.1. It has cash and short-term investments of CN¥890.9M.
Key information
18.6%
Debt to equity ratio
CN¥645.66m
Debt
| Interest coverage ratio | 26.1x |
| Cash | CN¥890.90m |
| Equity | CN¥3.47b |
| Total liabilities | CN¥1.14b |
| Total assets | CN¥4.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000973's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥754.4M).
Long Term Liabilities: 000973's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥384.7M).
Debt to Equity History and Analysis
Debt Level: 000973 has more cash than its total debt.
Reducing Debt: 000973's debt to equity ratio has reduced from 41.5% to 18.6% over the past 5 years.
Debt Coverage: 000973's debt is well covered by operating cash flow (52.8%).
Interest Coverage: 000973's interest payments on its debt are well covered by EBIT (26.1x coverage).