Chengdu Fusen Noble-House IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Chengdu Fusen Noble-House IndustrialLtd has a total shareholder equity of CN¥6.1B and total debt of CN¥10.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥7.1B and CN¥922.0M respectively. Chengdu Fusen Noble-House IndustrialLtd's EBIT is CN¥897.2M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥1.3B.
Key information
0.2%
Debt to equity ratio
CN¥10.00m
Debt
Interest coverage ratio | -7.8x |
Cash | CN¥1.26b |
Equity | CN¥6.14b |
Total liabilities | CN¥921.98m |
Total assets | CN¥7.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002818's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥904.7M).
Long Term Liabilities: 002818's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥17.3M).
Debt to Equity History and Analysis
Debt Level: 002818 has more cash than its total debt.
Reducing Debt: 002818's debt to equity ratio has reduced from 0.4% to 0.2% over the past 5 years.
Debt Coverage: 002818's debt is well covered by operating cash flow (6291.3%).
Interest Coverage: 002818 earns more interest than it pays, so coverage of interest payments is not a concern.