Fujian Rongji Software Balance Sheet Health
Financial Health criteria checks 3/6
Fujian Rongji Software has a total shareholder equity of CN¥1.5B and total debt of CN¥589.4M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are CN¥2.6B and CN¥1.1B respectively.
Key information
40.2%
Debt to equity ratio
CN¥589.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥189.73m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥1.10b |
| Total assets | CN¥2.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002474's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥998.2M).
Long Term Liabilities: 002474's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥99.2M).
Debt to Equity History and Analysis
Debt Level: 002474's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: 002474's debt to equity ratio has increased from 32% to 40.2% over the past 5 years.
Debt Coverage: 002474's debt is not well covered by operating cash flow (18%).
Interest Coverage: Insufficient data to determine if 002474's interest payments on its debt are well covered by EBIT.