FAR International Holdings Group Balance Sheet Health
Financial Health criteria checks 4/6
FAR International Holdings Group has a total shareholder equity of CN¥651.6M and total debt of CN¥252.2M, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are CN¥1.2B and CN¥555.5M respectively. FAR International Holdings Group's EBIT is CN¥41.2M making its interest coverage ratio 73.6. It has cash and short-term investments of CN¥527.6M.
Key information
38.7%
Debt to equity ratio
CN¥252.20m
Debt
| Interest coverage ratio | 73.6x |
| Cash | CN¥527.56m |
| Equity | CN¥651.64m |
| Total liabilities | CN¥555.47m |
| Total assets | CN¥1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2516's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥548.5M).
Long Term Liabilities: 2516's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥7.0M).
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 (73.6x coverage).