Fineland Living Services Group Balance Sheet Health
Financial Health criteria checks 4/6
Fineland Living Services Group has a total shareholder equity of CN¥156.7M and total debt of CN¥13.7M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are CN¥445.3M and CN¥288.6M respectively. Fineland Living Services Group's EBIT is CN¥13.2M making its interest coverage ratio 10.4. It has cash and short-term investments of CN¥128.7M.
Key information
8.8%
Debt to equity ratio
CN¥13.74m
Debt
| Interest coverage ratio | 10.4x |
| Cash | CN¥128.66m |
| Equity | CN¥156.66m |
| Total liabilities | CN¥288.59m |
| Total assets | CN¥445.25m |
Recent financial health updates
Fineland Living Services Group (HKG:9978) Has Debt But No Earnings; Should You Worry?
Oct 27
Is Fineland Living Services Group (HKG:9978) A Risky Investment?
Jun 01Does Fineland Living Services Group (HKG:9978) Have A Healthy Balance Sheet?
Dec 30Fineland Living Services Group (HKG:9978) Has A Pretty Healthy Balance Sheet
Oct 01Recent updates
Fineland Living Services Group (HKG:9978) Has Debt But No Earnings; Should You Worry?
Oct 27Calculating The Intrinsic Value Of Fineland Living Services Group Limited (HKG:9978)
Jul 06Is Fineland Living Services Group (HKG:9978) A Risky Investment?
Jun 01Does Fineland Living Services Group (HKG:9978) Have A Healthy Balance Sheet?
Dec 30Fineland Living Services Group (HKG:9978) Has A Pretty Healthy Balance Sheet
Oct 01Fineland Real Estate Services Group Limited's (HKG:9978) CEO Will Probably Have Their Compensation Approved By Shareholders
May 21How Many Fineland Real Estate Services Group Limited (HKG:9978) Shares Have Insiders Sold, In The Last Year?
Dec 30
Financial Position Analysis
Short Term Liabilities: 9978's short term assets (CN¥333.5M) exceed its short term liabilities (CN¥280.1M).
Long Term Liabilities: 9978's short term assets (CN¥333.5M) exceed its long term liabilities (CN¥8.4M).
Debt to Equity History and Analysis
Debt Level: 9978 has more cash than its total debt.
Reducing Debt: 9978's debt to equity ratio has increased from 0% to 8.8% over the past 5 years.
Debt Coverage: 9978's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9978's interest payments on its debt are well covered by EBIT (10.4x coverage).