Shenzhen Friendcom Technology Development Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Friendcom Technology Development has a total shareholder equity of CN¥883.6M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.2B and CN¥328.8M respectively. Shenzhen Friendcom Technology Development's EBIT is CN¥211.6M making its interest coverage ratio -14.7. It has cash and short-term investments of CN¥374.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -14.7x |
| Cash | CN¥374.66m |
| Equity | CN¥883.62m |
| Total liabilities | CN¥328.83m |
| Total assets | CN¥1.21b |
Financial Position Analysis
Short Term Liabilities: 300514's short term assets (CN¥696.3M) exceed its short term liabilities (CN¥324.1M).
Long Term Liabilities: 300514's short term assets (CN¥696.3M) exceed its long term liabilities (CN¥4.7M).
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 9.5%.
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.