Far East Horizon Balance Sheet Health
Financial Health criteria checks 2/6
Far East Horizon has a total shareholder equity of CN¥57.6B and total debt of CN¥255.9B, which brings its debt-to-equity ratio to 444.5%. Its total assets and total liabilities are CN¥351.5B and CN¥293.9B respectively.
Key information
444.5%
Debt to equity ratio
CN¥255.90b
Debt
Interest coverage ratio | n/a |
Cash | CN¥21.80b |
Equity | CN¥57.57b |
Total liabilities | CN¥293.91b |
Total assets | CN¥351.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3360's short term assets (CN¥284.6B) exceed its short term liabilities (CN¥157.1B).
Long Term Liabilities: 3360's short term assets (CN¥284.6B) exceed its long term liabilities (CN¥136.8B).
Debt to Equity History and Analysis
Debt Level: 3360's net debt to equity ratio (406.6%) is considered high.
Reducing Debt: 3360's debt to equity ratio has increased from 441.9% to 444.5% over the past 5 years.
Debt Coverage: 3360's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: Insufficient data to determine if 3360's interest payments on its debt are well covered by EBIT.