Focus Technology Balance Sheet Health
Financial Health criteria checks 6/6
Focus Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.8B and CN¥1.3B respectively. Focus Technology's EBIT is CN¥376.4M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -4.9x |
| 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
Financial 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 is debt free.
Reducing Debt: 002315 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: 002315 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002315 has no debt, therefore coverage of interest payments is not a concern.