Foshan Blue Rocket ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Foshan Blue Rocket ElectronicsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CN¥1.9B and CN¥362.7M respectively.
Key information
2.0%
Debt to equity ratio
CN¥30.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥746.26m |
| Equity | CN¥1.51b |
| Total liabilities | CN¥362.66m |
| Total assets | CN¥1.87b |
Recent financial health updates
Is Foshan Blue Rocket ElectronicsLtd (SZSE:301348) Using Debt Sensibly?
Oct 21
Is Foshan Blue Rocket ElectronicsLtd (SZSE:301348) A Risky Investment?
Jul 12Recent updates
Foshan Blue Rocket ElectronicsLtd's (SZSE:301348) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05Is Foshan Blue Rocket ElectronicsLtd (SZSE:301348) Using Debt Sensibly?
Oct 21Be Wary Of Foshan Blue Rocket ElectronicsLtd (SZSE:301348) And Its Returns On Capital
Aug 08Is Foshan Blue Rocket ElectronicsLtd (SZSE:301348) A Risky Investment?
Jul 12We Think You Can Look Beyond Foshan Blue Rocket ElectronicsLtd's (SZSE:301348) Lackluster Earnings
May 02Foshan Blue Rocket Electronics Co.,Ltd. (SZSE:301348) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 16Foshan Blue Rocket Electronics Co.,Ltd.'s (SZSE:301348) Share Price Not Quite Adding Up
Feb 28Financial Position Analysis
Short Term Liabilities: 301348's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥351.8M).
Long Term Liabilities: 301348's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥10.9M).
Debt to Equity History and Analysis
Debt Level: 301348 has more cash than its total debt.
Reducing Debt: 301348's debt to equity ratio has reduced from 12.2% to 2% over the past 5 years.
Debt Coverage: 301348's debt is well covered by operating cash flow (209.8%).
Interest Coverage: Insufficient data to determine if 301348's interest payments on its debt are well covered by EBIT.