Futian Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Futian Holdings has a total shareholder equity of CN¥75.0M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥264.3M and CN¥189.3M respectively. Futian Holdings's EBIT is CN¥10.0M making its interest coverage ratio -31.2. It has cash and short-term investments of CN¥53.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -31.2x |
| Cash | CN¥53.36m |
| Equity | CN¥75.01m |
| Total liabilities | CN¥189.29m |
| Total assets | CN¥264.29m |
Recent financial health updates
We Think China TianYF Holdings Group (HKG:8196) Can Stay On Top Of Its Debt
Jun 13
Is China TianYF Holdings Group (HKG:8196) Weighed On By Its Debt Load?
Dec 12Health Check: How Prudently Does China TianYF Holdings Group (HKG:8196) Use Debt?
Aug 25Does Great Water Holdings (HKG:8196) Have A Healthy Balance Sheet?
May 11Is Great Water Holdings (HKG:8196) A Risky Investment?
Nov 17Recent updates
Investors Give China TianYF Holdings Group Limited (HKG:8196) Shares A 30% Hiding
Dec 21Estimating The Intrinsic Value Of China TianYF Holdings Group Limited (HKG:8196)
Oct 09These Return Metrics Don't Make China TianYF Holdings Group (HKG:8196) Look Too Strong
Sep 07We Think China TianYF Holdings Group (HKG:8196) Can Stay On Top Of Its Debt
Jun 13Is China TianYF Holdings Group (HKG:8196) Weighed On By Its Debt Load?
Dec 12Health Check: How Prudently Does China TianYF Holdings Group (HKG:8196) Use Debt?
Aug 25Does Great Water Holdings (HKG:8196) Have A Healthy Balance Sheet?
May 11Great Water Holdings Limited's (HKG:8196) CEO Will Probably Struggle To See A Pay Rise This Year
May 02Is Great Water Holdings (HKG:8196) A Risky Investment?
Nov 17Financial Position Analysis
Short Term Liabilities: 8196's short term assets (CN¥194.2M) exceed its short term liabilities (CN¥183.7M).
Long Term Liabilities: 8196's short term assets (CN¥194.2M) exceed its long term liabilities (CN¥5.6M).
Debt to Equity History and Analysis
Debt Level: 8196 is debt free.
Reducing Debt: 8196 has no debt compared to 5 years ago when its debt to equity ratio was 37.4%.
Debt Coverage: 8196 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8196 has no debt, therefore coverage of interest payments is not a concern.