Xiamen Faratronic Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen Faratronic has a total shareholder equity of CN¥4.8B and total debt of CN¥18.3M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥6.3B and CN¥1.6B respectively. Xiamen Faratronic's EBIT is CN¥1.1B making its interest coverage ratio -24.8. It has cash and short-term investments of CN¥1.1B.
Key information
0.4%
Debt to equity ratio
CN¥18.30m
Debt
| Interest coverage ratio | -24.8x |
| Cash | CN¥1.11b |
| Equity | CN¥4.75b |
| Total liabilities | CN¥1.55b |
| Total assets | CN¥6.31b |
Recent financial health updates
No updates
Recent updates
Calculating The Intrinsic Value Of Xiamen Faratronic Co., Ltd. (SHSE:600563)
Apr 15
Xiamen Faratronic Co., Ltd. (SHSE:600563) Analysts Are More Bearish Than They Used To Be
Mar 30Earnings Report: Xiamen Faratronic Co., Ltd. Missed Revenue Estimates By 6.4%
Mar 26Little Excitement Around Xiamen Faratronic Co., Ltd.'s (SHSE:600563) Earnings
Feb 29Financial Position Analysis
Short Term Liabilities: 600563's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600563's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥183.6M).
Debt to Equity History and Analysis
Debt Level: 600563 has more cash than its total debt.
Reducing Debt: 600563's debt to equity ratio has reduced from 0.6% to 0.4% over the past 5 years.
Debt Coverage: 600563's debt is well covered by operating cash flow (6147.6%).
Interest Coverage: 600563 earns more interest than it pays, so coverage of interest payments is not a concern.