Focuslight Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Focuslight Technologies has a total shareholder equity of CN¥2.3B and total debt of CN¥389.5M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are CN¥3.0B and CN¥632.7M respectively. Focuslight Technologies's EBIT is CN¥22.0M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥1.3B.
Key information
16.7%
Debt to equity ratio
CN¥389.53m
Debt
Interest coverage ratio | -0.7x |
Cash | CN¥1.28b |
Equity | CN¥2.34b |
Total liabilities | CN¥632.67m |
Total assets | CN¥2.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688167's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥144.9M).
Long Term Liabilities: 688167's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥487.8M).
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 increased from 10.3% to 16.7% over the past 5 years.
Debt Coverage: 688167's debt is well covered by operating cash flow (40.9%).
Interest Coverage: 688167 earns more interest than it pays, so coverage of interest payments is not a concern.