Guangxi Fenglin Wood Industry GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Guangxi Fenglin Wood Industry GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥365.2M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are CN¥3.4B and CN¥741.4M respectively.
Key information
13.5%
Debt to equity ratio
CN¥365.20m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥356.46m |
| Equity | CN¥2.71b |
| Total liabilities | CN¥741.40m |
| Total assets | CN¥3.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601996's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥683.9M).
Long Term Liabilities: 601996's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥57.5M).
Debt to Equity History and Analysis
Debt Level: 601996's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 601996's debt to equity ratio has reduced from 26.1% to 13.5% over the past 5 years.
Debt Coverage: 601996's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601996's interest payments on its debt are well covered by EBIT.