Fibocom Wireless Balance Sheet Health
Financial Health criteria checks 5/6
Fibocom Wireless has a total shareholder equity of CN¥3.3B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are CN¥7.3B and CN¥4.0B respectively. Fibocom Wireless's EBIT is CN¥666.1M making its interest coverage ratio 93.6. It has cash and short-term investments of CN¥1.1B.
Key information
36.0%
Debt to equity ratio
CN¥1.20b
Debt
| Interest coverage ratio | 93.6x |
| Cash | CN¥1.11b |
| Equity | CN¥3.32b |
| Total liabilities | CN¥3.96b |
| Total assets | CN¥7.28b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300638's short term assets (CN¥5.6B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 300638's short term assets (CN¥5.6B) exceed its long term liabilities (CN¥745.0M).
Debt to Equity History and Analysis
Debt Level: 300638's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: 300638's debt to equity ratio has increased from 23.1% to 36% over the past 5 years.
Debt Coverage: 300638's debt is well covered by operating cash flow (73.4%).
Interest Coverage: 300638's interest payments on its debt are well covered by EBIT (93.6x coverage).