Focus Technology Balance Sheet Health
Financial Health criteria checks 5/6
Focus Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥13.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥3.8B and CN¥1.3B respectively. Focus Technology's EBIT is CN¥385.1M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥1.1B.
Key information
0.6%
Debt to equity ratio
CN¥13.55m
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥1.14b |
| Equity | CN¥2.42b |
| Total liabilities | CN¥1.34b |
| Total assets | CN¥3.75b |
Recent financial health updates
No updates
Recent updates
Focus Technology Co., Ltd. (SZSE:002315) Held Back By Insufficient Growth Even After Shares Climb 28%
Oct 18
Is There An Opportunity With Focus Technology Co., Ltd.'s (SZSE:002315) 40% Undervaluation?
Oct 02Do Focus Technology's (SZSE:002315) Earnings Warrant Your Attention?
Aug 08Are Investors Undervaluing Focus Technology Co., Ltd. (SZSE:002315) By 24%?
Jun 21Statutory Profit Doesn't Reflect How Good Focus Technology's (SZSE:002315) Earnings Are
May 02Focus Technology (SZSE:002315) Will Pay A Larger Dividend Than Last Year At CN¥1.00
Apr 01The Return Trends At Focus Technology (SZSE:002315) Look Promising
Mar 21Optimistic Investors Push Focus Technology Co., Ltd. (SZSE:002315) Shares Up 41% But Growth Is Lacking
Mar 02Financial Position Analysis
Short Term Liabilities: 002315's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 002315's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥162.0M).
Debt to Equity History and Analysis
Debt Level: 002315 has more cash than its total debt.
Reducing Debt: 002315's debt to equity ratio has increased from 0.2% to 0.6% over the past 5 years.
Debt Coverage: 002315's debt is well covered by operating cash flow (5080.2%).
Interest Coverage: 002315 earns more interest than it pays, so coverage of interest payments is not a concern.