Fineland Living Services Group Balance Sheet Health
Financial Health criteria checks 4/6
Fineland Living Services Group has a total shareholder equity of CN¥172.9M and total debt of CN¥19.4M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are CN¥478.3M and CN¥305.4M respectively. Fineland Living Services Group's EBIT is CN¥3.5M making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥92.5M.
Key information
11.2%
Debt to equity ratio
CN¥19.37m
Debt
Interest coverage ratio | 2.9x |
Cash | CN¥92.52m |
Equity | CN¥172.93m |
Total liabilities | CN¥305.37m |
Total assets | CN¥478.29m |
Recent financial health updates
Fineland Living Services Group (HKG:9978) Has Debt But No Earnings; Should You Worry?
Oct 27Is 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 30Financial Position Analysis
Short Term Liabilities: 9978's short term assets (CN¥367.4M) exceed its short term liabilities (CN¥296.1M).
Long Term Liabilities: 9978's short term assets (CN¥367.4M) exceed its long term liabilities (CN¥9.2M).
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 11.2% over the past 5 years.
Debt Coverage: 9978's debt is well covered by operating cash flow (24.9%).
Interest Coverage: 9978's interest payments on its debt are not well covered by EBIT (2.9x coverage).