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¥699.0M, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are CN¥3.1B and CN¥2.1B respectively. Folangsi's EBIT is CN¥154.4M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥210.2M.
Key information
64.9%
Debt to equity ratio
CN¥699.05m
Debt
Interest coverage ratio | 1.9x |
Cash | CN¥210.19m |
Equity | CN¥1.08b |
Total liabilities | CN¥2.07b |
Total assets | CN¥3.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2499's short term assets (CN¥846.5M) do not cover its short term liabilities (CN¥1.1B).
Long Term Liabilities: 2499's short term assets (CN¥846.5M) do not cover its long term liabilities (CN¥953.7M).
Debt to Equity History and Analysis
Debt Level: 2499's net debt to equity ratio (45.4%) is considered high.
Reducing Debt: 2499's debt to equity ratio has increased from 3.1% to 64.9% over the past 5 years.
Debt Coverage: 2499's debt is well covered by operating cash flow (72.5%).
Interest Coverage: 2499's interest payments on its debt are not well covered by EBIT (1.9x coverage).