Foshan Blue Rocket ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Foshan Blue Rocket ElectronicsLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥59.5M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are CN¥1.9B and CN¥442.1M respectively.
Key information
4.0%
Debt to equity ratio
CN¥59.47m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥833.24m |
| Equity | CN¥1.50b |
| Total liabilities | CN¥442.06m |
| Total assets | CN¥1.95b |
Recent financial health updates
Recent updates
Be Wary Of Foshan Blue Rocket ElectronicsLtd (SZSE:301348) And Its Returns On Capital
Aug 08
Is 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¥1.5B) exceed its short term liabilities (CN¥413.6M).
Long Term Liabilities: 301348's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥28.5M).
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 4% over the past 5 years.
Debt Coverage: 301348's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: Insufficient data to determine if 301348's interest payments on its debt are well covered by EBIT.