Fujian Foxit Software Development Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Foxit Software Development has a total shareholder equity of CN¥2.6B and total debt of CN¥30.1M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥3.0B and CN¥414.9M respectively.
Key information
1.2%
Debt to equity ratio
CN¥30.13m
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.15b |
Equity | CN¥2.61b |
Total liabilities | CN¥414.94m |
Total assets | CN¥3.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688095's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥341.1M).
Long Term Liabilities: 688095's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥73.8M).
Debt to Equity History and Analysis
Debt Level: 688095 has more cash than its total debt.
Reducing Debt: 688095's debt to equity ratio has reduced from 2.5% to 1.2% over the past 5 years.
Debt Coverage: 688095's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688095's interest payments on its debt are well covered by EBIT.