Fujian Forecam Optics Balance Sheet Health
Financial Health criteria checks 3/6
Fujian Forecam Optics has a total shareholder equity of CN¥1.7B and total debt of CN¥684.1M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are CN¥2.6B and CN¥911.6M respectively.
Key information
41.2%
Debt to equity ratio
CN¥684.11m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥414.41m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥911.55m |
| Total assets | CN¥2.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688010's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥675.8M).
Long Term Liabilities: 688010's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥235.7M).
Debt to Equity History and Analysis
Debt Level: 688010's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: 688010's debt to equity ratio has increased from 4.4% to 41.2% over the past 5 years.
Debt Coverage: 688010's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: Insufficient data to determine if 688010's interest payments on its debt are well covered by EBIT.