Shanghai Friendess Electronic Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Friendess Electronic Technology has a total shareholder equity of CN¥5.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.5B and CN¥206.4M respectively. Shanghai Friendess Electronic Technology's EBIT is CN¥786.2M making its interest coverage ratio -9.8. It has cash and short-term investments of CN¥4.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -9.8x |
Cash | CN¥4.53b |
Equity | CN¥5.29b |
Total liabilities | CN¥206.40m |
Total assets | CN¥5.49b |
Recent financial health updates
No updates
Recent updates
Shanghai Friendess Electronic Technology Corporation Limited (SHSE:688188) Fell Short of Analyst Expectations: Here's What You Need To Know
Apr 25Is Shanghai Friendess Electronic Technology Corporation Limited (SHSE:688188) Worth CN¥288 Based On Its Intrinsic Value?
Apr 08Shanghai Friendess Electronic Technology Corporation Limited's (SHSE:688188) Shares May Have Run Too Fast Too Soon
Mar 19Financial Position Analysis
Short Term Liabilities: 688188's short term assets (CN¥4.8B) exceed its short term liabilities (CN¥203.5M).
Long Term Liabilities: 688188's short term assets (CN¥4.8B) exceed its long term liabilities (CN¥2.9M).
Debt to Equity History and Analysis
Debt Level: 688188 is debt free.
Reducing Debt: 688188 has not had any debt for past 5 years.
Debt Coverage: 688188 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688188 has no debt, therefore coverage of interest payments is not a concern.