Shenzhen Friendcom Technology Development Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Friendcom Technology Development has a total shareholder equity of CN¥913.7M 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¥283.5M respectively. Shenzhen Friendcom Technology Development's EBIT is CN¥214.7M making its interest coverage ratio -11.4. It has cash and short-term investments of CN¥335.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -11.4x |
Cash | CN¥335.52m |
Equity | CN¥913.68m |
Total liabilities | CN¥283.52m |
Total assets | CN¥1.20b |
Recent financial health updates
No updates
Recent updates
Here'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¥681.9M) exceed its short term liabilities (CN¥278.7M).
Long Term Liabilities: 300514's short term assets (CN¥681.9M) exceed its long term liabilities (CN¥4.8M).
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 9.6%.
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.