Shanghai Fudan Forward S&T Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai Fudan Forward S&T has a total shareholder equity of CN¥830.3M and total debt of CN¥477.2M, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are CN¥1.7B and CN¥883.9M respectively.
Key information
57.5%
Debt to equity ratio
CN¥477.21m
Debt
Interest coverage ratio | n/a |
Cash | CN¥234.86m |
Equity | CN¥830.27m |
Total liabilities | CN¥883.87m |
Total assets | CN¥1.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600624's short term assets (CN¥989.1M) exceed its short term liabilities (CN¥720.2M).
Long Term Liabilities: 600624's short term assets (CN¥989.1M) exceed its long term liabilities (CN¥163.7M).
Debt to Equity History and Analysis
Debt Level: 600624's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: 600624's debt to equity ratio has increased from 33.3% to 57.5% over the past 5 years.
Debt Coverage: 600624's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600624's interest payments on its debt are well covered by EBIT.