Folangsi Balance Sheet Health
Financial Health criteria checks 1/6
Folangsi has a total shareholder equity of CN¥1.1B and total debt of CN¥755.4M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are CN¥3.5B and CN¥2.4B respectively. Folangsi's EBIT is CN¥174.2M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥181.9M.
Key information
67.5%
Debt to equity ratio
CN¥755.38m
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥181.87m |
| Equity | CN¥1.12b |
| Total liabilities | CN¥2.42b |
| Total assets | CN¥3.54b |
Financial Position Analysis
Short Term Liabilities: 2499's short term assets (CN¥891.0M) do not cover its short term liabilities (CN¥1.3B).
Long Term Liabilities: 2499's short term assets (CN¥891.0M) do not cover its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 2499's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: 2499's debt to equity ratio has increased from 10% to 67.5% over the past 5 years.
Debt Coverage: 2499's debt is well covered by operating cash flow (68.1%).
Interest Coverage: 2499's interest payments on its debt are not well covered by EBIT (1.9x coverage).