Fortior Technology (Shenzhen) Balance Sheet Health
Financial Health criteria checks 6/6
Fortior Technology (Shenzhen) has a total shareholder equity of CN¥2.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.6B and CN¥50.5M respectively. Fortior Technology (Shenzhen)'s EBIT is CN¥166.9M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -2.6x |
Cash | CN¥1.08b |
Equity | CN¥2.50b |
Total liabilities | CN¥50.52m |
Total assets | CN¥2.56b |
Recent financial health updates
No updates
Recent updates
Fortior Technology (Shenzhen)'s (SHSE:688279) Earnings Are Weaker Than They Seem
Nov 04Here's What's Concerning About Fortior Technology (Shenzhen)'s (SHSE:688279) Returns On Capital
Sep 27If EPS Growth Is Important To You, Fortior Technology (Shenzhen) (SHSE:688279) Presents An Opportunity
Aug 01Fortior Technology (Shenzhen) (SHSE:688279) Will Be Hoping To Turn Its Returns On Capital Around
Apr 12Fortior Technology (Shenzhen) Co., Ltd.'s (SHSE:688279) Popularity With Investors Is Under Threat From Overpricing
Mar 21Financial Position Analysis
Short Term Liabilities: 688279's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥45.6M).
Long Term Liabilities: 688279's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥4.9M).
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 17.1%.
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.