Fortior Technology (Shenzhen) Balance Sheet Health
Financial Health criteria checks 6/6
Fortior Technology (Shenzhen) 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¥2.5B and CN¥67.3M respectively. Fortior Technology (Shenzhen)'s EBIT is CN¥182.4M making its interest coverage ratio -180.3. It has cash and short-term investments of CN¥1.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -180.3x |
| Cash | CN¥1.62b |
| Equity | CN¥2.44b |
| Total liabilities | CN¥67.29m |
| Total assets | CN¥2.50b |
Financial Position Analysis
Short Term Liabilities: 688279's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥58.1M).
Long Term Liabilities: 688279's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥9.2M).
Debt to Equity History and Analysis
Debt Level: 688279 is debt free.
Reducing Debt: 688279 has no debt compared to 5 years ago when its debt to equity ratio was 20.6%.
Debt Coverage: 688279 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688279 has no debt, therefore coverage of interest payments is not a concern.