Shaanxi Fenghuo Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Shaanxi Fenghuo Electronics has a total shareholder equity of CN¥1.9B and total debt of CN¥712.1M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are CN¥4.1B and CN¥2.1B respectively. Shaanxi Fenghuo Electronics's EBIT is CN¥13.9M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥217.6M.
Key information
36.6%
Debt to equity ratio
CN¥712.09m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥217.62m |
| Equity | CN¥1.94b |
| Total liabilities | CN¥2.12b |
| Total assets | CN¥4.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000561's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 000561's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥404.3M).
Debt to Equity History and Analysis
Debt Level: 000561's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: 000561's debt to equity ratio has increased from 9.9% to 36.6% over the past 5 years.
Debt Coverage: 000561's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000561 earns more interest than it pays, so coverage of interest payments is not a concern.