Focuslight Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Focuslight Technologies has a total shareholder equity of CN¥2.4B and total debt of CN¥73.7M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥2.6B and CN¥218.9M respectively. Focuslight Technologies's EBIT is CN¥91.5M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥1.6B.
Key information
3.1%
Debt to equity ratio
CN¥73.74m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥1.60b |
| Equity | CN¥2.40b |
| Total liabilities | CN¥218.89m |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688167's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥158.4M).
Long Term Liabilities: 688167's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥60.4M).
Debt to Equity History and Analysis
Debt Level: 688167 has more cash than its total debt.
Reducing Debt: 688167's debt to equity ratio has reduced from 9.9% to 3.1% over the past 5 years.
Debt Coverage: 688167's debt is well covered by operating cash flow (49.2%).
Interest Coverage: 688167 earns more interest than it pays, so coverage of interest payments is not a concern.