FAR International Holdings Group Balance Sheet Health
Financial Health criteria checks 4/6
FAR International Holdings Group has a total shareholder equity of CN¥690.2M and total debt of CN¥519.7M, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are CN¥1.4B and CN¥701.9M respectively. FAR International Holdings Group's EBIT is CN¥85.9M making its interest coverage ratio 13.4. It has cash and short-term investments of CN¥587.2M.
Key information
75.3%
Debt to equity ratio
CN¥519.68m
Debt
| Interest coverage ratio | 13.4x |
| Cash | CN¥587.17m |
| Equity | CN¥690.20m |
| Total liabilities | CN¥701.93m |
| Total assets | CN¥1.39b |
Recent financial health updates
No updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For FAR International Holdings Group (HKG:2516)
Oct 03
FAR International Holdings Group Company Limited (HKG:2516) Stock Rockets 119% As Investors Are Less Pessimistic Than Expected
Aug 29Earnings Not Telling The Story For FAR International Holdings Group Company Limited (HKG:2516)
Jul 15Financial Position Analysis
Short Term Liabilities: 2516's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥698.9M).
Long Term Liabilities: 2516's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥3.0M).
Debt to Equity History and Analysis
Debt Level: 2516 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2516's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2516's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2516's interest payments on its debt are well covered by EBIT (13.4x coverage).