Fujian Star-net Communication Balance Sheet Health
Financial Health criteria checks 4/6
Fujian Star-net Communication has a total shareholder equity of CN¥9.1B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are CN¥14.9B and CN¥5.8B respectively. Fujian Star-net Communication's EBIT is CN¥103.7M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥3.4B.
Key information
18.9%
Debt to equity ratio
CN¥1.72b
Debt
| Interest coverage ratio | -0.7x |
| Cash | CN¥3.35b |
| Equity | CN¥9.12b |
| Total liabilities | CN¥5.81b |
| Total assets | CN¥14.92b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Fujian Star-net Communication (SZSE:002396) Is Using Debt Reasonably Well
Apr 23
Here's What's Concerning About Fujian Star-net Communication's (SZSE:002396) Returns On Capital
Mar 26Fujian Star-net Communication Co., LTD. (SZSE:002396) Soars 26% But It's A Story Of Risk Vs Reward
Mar 04Financial Position Analysis
Short Term Liabilities: 002396's short term assets (CN¥10.7B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 002396's short term assets (CN¥10.7B) exceed its long term liabilities (CN¥327.6M).
Debt to Equity History and Analysis
Debt Level: 002396 has more cash than its total debt.
Reducing Debt: 002396's debt to equity ratio has increased from 1% to 18.9% over the past 5 years.
Debt Coverage: 002396's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: 002396 earns more interest than it pays, so coverage of interest payments is not a concern.