Shanghai Fengyuzhu Culture Technology Balance Sheet Health
Financial Health criteria checks 4/6
Shanghai Fengyuzhu Culture Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥503.0M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are CN¥4.7B and CN¥2.3B respectively. Shanghai Fengyuzhu Culture Technology's EBIT is CN¥119.9M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥1.8B.
Key information
20.5%
Debt to equity ratio
CN¥503.02m
Debt
Interest coverage ratio | -3.6x |
Cash | CN¥1.82b |
Equity | CN¥2.45b |
Total liabilities | CN¥2.26b |
Total assets | CN¥4.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603466's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603466's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥551.5M).
Debt to Equity History and Analysis
Debt Level: 603466 has more cash than its total debt.
Reducing Debt: 603466's debt to equity ratio has increased from 0.9% to 20.5% over the past 5 years.
Debt Coverage: 603466's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603466 earns more interest than it pays, so coverage of interest payments is not a concern.