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¥673.9M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are CN¥2.6B and CN¥863.4M respectively.
Key information
39.7%
Debt to equity ratio
CN¥673.88m
Debt
Interest coverage ratio | n/a |
Cash | CN¥444.39m |
Equity | CN¥1.70b |
Total liabilities | CN¥863.39m |
Total assets | CN¥2.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688010's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥663.9M).
Long Term Liabilities: 688010's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥199.5M).
Debt to Equity History and Analysis
Debt Level: 688010's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 688010's debt to equity ratio has increased from 5.3% to 39.7% over the past 5 years.
Debt Coverage: 688010's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: Insufficient data to determine if 688010's interest payments on its debt are well covered by EBIT.