Shenzhen Friendcom Technology Development Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Friendcom Technology Development has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥410.6M respectively. Shenzhen Friendcom Technology Development's EBIT is CN¥201.8M making its interest coverage ratio -10.1. It has cash and short-term investments of CN¥472.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -10.1x |
Cash | CN¥472.27m |
Equity | CN¥1.00b |
Total liabilities | CN¥410.62m |
Total assets | CN¥1.41b |
Recent financial health updates
No updates
Recent updates
We Think Shenzhen Friendcom Technology Development's (SZSE:300514) Healthy Earnings Might Be Conservative
Nov 04Shenzhen Friendcom Technology Development (SZSE:300514) Is Investing Its Capital With Increasing Efficiency
Sep 30Here's Why We Think Shenzhen Friendcom Technology Development (SZSE:300514) Might Deserve Your Attention Today
May 28We Think Shenzhen Friendcom Technology Development's (SZSE:300514) Robust Earnings Are Conservative
Apr 03Shenzhen Friendcom Technology Development Co., Ltd. (SZSE:300514) Soars 26% But It's A Story Of Risk Vs Reward
Mar 04Financial Position Analysis
Short Term Liabilities: 300514's short term assets (CN¥888.6M) exceed its short term liabilities (CN¥403.1M).
Long Term Liabilities: 300514's short term assets (CN¥888.6M) exceed its long term liabilities (CN¥7.5M).
Debt to Equity History and Analysis
Debt Level: 300514 is debt free.
Reducing Debt: 300514 has no debt compared to 5 years ago when its debt to equity ratio was 18%.
Debt Coverage: 300514 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300514 has no debt, therefore coverage of interest payments is not a concern.