Xiamen Faratronic Balance Sheet Health
Financial Health criteria checks 6/6
Xiamen Faratronic has a total shareholder equity of CN¥5.0B and total debt of CN¥11.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥6.5B and CN¥1.6B respectively. Xiamen Faratronic's EBIT is CN¥1.1B making its interest coverage ratio -25.6. It has cash and short-term investments of CN¥1.2B.
Key information
0.2%
Debt to equity ratio
CN¥11.53m
Debt
Interest coverage ratio | -25.6x |
Cash | CN¥1.15b |
Equity | CN¥4.97b |
Total liabilities | CN¥1.57b |
Total assets | CN¥6.54b |
Recent financial health updates
No updates
Recent updates
Benign Growth For Xiamen Faratronic Co., Ltd. (SHSE:600563) Underpins Its Share Price
Jul 12Xiamen Faratronic (SHSE:600563) Is Paying Out A Larger Dividend Than Last Year
Jun 11Investors Shouldn't Overlook The Favourable Returns On Capital At Xiamen Faratronic (SHSE:600563)
May 21Calculating The Intrinsic Value Of Xiamen Faratronic Co., Ltd. (SHSE:600563)
Apr 15Xiamen 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¥3.7B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 600563's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥192.2M).
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 0.4% to 0.2% over the past 5 years.
Debt Coverage: 600563's debt is well covered by operating cash flow (9563%).
Interest Coverage: 600563 earns more interest than it pays, so coverage of interest payments is not a concern.