Sichuan Fulin Transportation Group Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Fulin Transportation Group has a total shareholder equity of CN¥1.6B and total debt of CN¥479.7M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are CN¥2.8B and CN¥1.2B respectively. Sichuan Fulin Transportation Group's EBIT is CN¥15.1M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥137.9M.
Key information
30.2%
Debt to equity ratio
CN¥479.67m
Debt
| Interest coverage ratio | -0.1x |
| Cash | CN¥137.86m |
| Equity | CN¥1.59b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥2.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002357's short term assets (CN¥362.1M) do not cover its short term liabilities (CN¥951.6M).
Long Term Liabilities: 002357's short term assets (CN¥362.1M) exceed its long term liabilities (CN¥293.0M).
Debt to Equity History and Analysis
Debt Level: 002357's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: 002357's debt to equity ratio has reduced from 44.9% to 30.2% over the past 5 years.
Debt Coverage: 002357's debt is well covered by operating cash flow (38%).
Interest Coverage: 002357 earns more interest than it pays, so coverage of interest payments is not a concern.