Far East Horizon Balance Sheet Health
Financial Health criteria checks 2/6
Far East Horizon has a total shareholder equity of CN¥59.1B and total debt of CN¥265.1B, which brings its debt-to-equity ratio to 449%. Its total assets and total liabilities are CN¥361.6B and CN¥302.6B respectively.
Key information
449.0%
Debt to equity ratio
CN¥265.15b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥27.11b |
| Equity | CN¥59.05b |
| Total liabilities | CN¥302.59b |
| Total assets | CN¥361.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F6H's short term assets (CN¥294.6B) exceed its short term liabilities (CN¥150.5B).
Long Term Liabilities: F6H's short term assets (CN¥294.6B) exceed its long term liabilities (CN¥152.0B).
Debt to Equity History and Analysis
Debt Level: F6H's net debt to equity ratio (403.1%) is considered high.
Reducing Debt: F6H's debt to equity ratio has increased from 407% to 449% over the past 5 years.
Debt Coverage: F6H's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: Insufficient data to determine if F6H's interest payments on its debt are well covered by EBIT.